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Roy, 43, is a farmer with eight children from the farming area of Chibombo District, Zambia. He is asking for a Kiva loan to buy a water pump so that he can irrigate his vegetable farm.

For the past five years Roy has been in the business of farming vegetables for the local market. Currently he produces tomatoes, onions, and butternut squash. At the moment he is unable to grow large enough quantities to meet the high demand he has for his produce (especially for onions) due to his lack of a water pump for irrigation.

Equipment such as a water pump can be a major boost for many vegetable farmers such as Roy, as it allows for increased production and more predictable yields due to irrigation. Unfortunately, the upfront cost of productive equipment such as water pumps can be prohibitive. Once Roy secures a loan, he will be able to get a water pump from Rent-to-Own, which will deliver the equipment to his farm, as well as provide training on how to use and maintain it.

With a pump, Roy will be able to expand his production to meet the local demand for some of his more popular vegetables, like onions. The use of a pump will also mean that he can irrigate a larger portion of land in less time and even be able to experiment with new crops.

Roy added that after he obtains a water pump he would like to start growing melons, which require more water but are very popular in the region.

It is for this reason Roy is asking Kiva lenders to help him with the loan so that he can secure a water pump as soon as possible.

Additional Information

More information about this loan

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit. 

About Rent-to-Own

Rent-to-Ownis a social enterprise that supports entrepreneurs in rural Zambia by providing financing and access to productive assets at low prices. The company uses a product catalogue for clients to purchase equipment needed to grow their businesses, and a network of local agents who leverage their social networks to decide if clients are credit-worthy.

Once clients are approved, Rent-to-Own provides a holistic set of services including delivery, installation, training, and repair services for their equipment to give clients the highest possible chance of succeeding. All equipment has a 30% mark-up over Rent-to-Own's purchase price. This mark-up covers all the logistical transportation costs that Rent-to-Own incurs in order to deliver the asset to the borrower, to provide training, ongoing support and to cover transaction costs. Kiva lenders’ funds are used to test new forms of asset financing to help more clients in new and innovative ways.

Rent-to-Own joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.

About Zambia

  • $4,100
    Average annual income
  • 5
    View loans »
    Zambia Loans Fundraising
  • $1,122,525
    Funds lent in using Kiva
  • 5.3
    Zambia Kwacha (ZMW) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Roy to pay for a water pump kit for irrigation.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jun 28, 2013
May 29, 2013
Currency Exchange Loss:
Dec 17, 2013