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Tina was born and grew up in the city of Lusaka, the capital city of Zambia. In 2005, she finished high school but she did not continue through college because of financial constraints. She is single and recently she moved from her hometown of Lusaka to a nearby town, Chongwe, to start up her own mobile money business. She lives alone in a rented house not very far from where her shop is located.

The biggest business successes that Tina's business has achieved according to her is its early profitability which has allowed her to devote herself 100% to her own business, even though the profit margins are still small. She is hopeful that once she gets a Kiva loan she will be able to pay in full for her trading booth which she uses to serve her customers. She promises to make her payments on time.

After experiencing some early business success, Tina is very excited to continue growing her business. She offers reliable money transfers to her new community and the difference in service and price can be seen immediately. According to Tina, before she started her business the people in her new community used unsafe and mostly expensive ways to move their money such as giving cash to a passing bus driver to deliver. She takes pride in the knowledge that her small business has made it possible for them to move money easily and safely.

Tina has many dreams for her future. At 25 years of age, she hopes to go back to school someday and study accounting. She also hopes to employ more people to help her at her shop as she currently only has one employee.

Additional Information

More information about this loan

This loan is designed for Zoona agents, enabling them to access the working capital they need to process frequent and large mobile money transactions. Loans can also be used to help agents open new transaction booths to serve more customers, increasing the number of Zambians who have access to mobile banking technology.
Kiva loans are structured so that a percentage of an agent's monthly revenue is used to repay. Because the exact amount of these repayments is uncertain, we have structured this loan's repayment schedule to include just one payment at the end of the loan term. That said, lenders can expect to receive payments throughout the loan term as this agent earns revenue and pays back the loan.

About Zoona:

Zoona is a mobile money operator that invests in emerging entrepreneurs in Africa who are transforming their communities.

In Africa, there is a tremendous pool of entrepreneurs, business owners, and young people who dream of making money and serving their communities but who are struggling to find the resources and support to reach their full potential.

Zoona offers entrepreneurs an opportunity to build their own businesses and create wealth and employment through mobile payment solutions, financial services, business management tools and support.

The network of Zoona outlets in urban and rural areas enables unbanked and financially excluded individuals the ability to transact in an easy, quick and safe manner with family, friends, and other service providers. This is a step change improvement in countries like Zambia, where the majority of transactions are still conducted in cash and are thus inefficient, insecure, and expensive. Zoona's unique model of enabling emerging entrepreneurs to provide mobile money services to consumers has the potential to significantly push the boundaries of financial inclusion in Africa.

About Zambia

  • $1,800
    Average annual income
  • 7
    View loans »
    Zambia Loans Fundraising
  • $857,225
    Funds lent in using Kiva
  • 5,241.0
    Zambia Kwacha (ZMK) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $4,975 helped Tina to pay in full for her trading booth which she uses to serve her customers.
95% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
At end of term
Feb 24, 2012
Mar 6, 2012
Currency Exchange Loss: