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Chrispin, 39, is a businessman with four children from Kabwe District, Zambia. While he is an experienced farmer, he also runs a grocery shop and has been looking for new business opportunities. He is asking for a Kiva loan to buy a maize milling machine so that he can provide a milling service to over 300 households in his community.

The maize milling machine takes raw maize (white corn) and creates a maize flour which is used to make the staple food in Zambia. Most families in Chrispin’s community grow maize on their small farm, drying and storing it to be used as their source of food throughout the year. After the maize kernels are removed from the cob, they have to be milled to create flour. The flour is then boiled in water to make what is locally called Nshima.

Rent-to-Own has worked with Chrispin to thoroughly understand the market potential for a maize milling service in his community. Chrispin’s proposed location for the maize mill is ideal, as the closest competitor is 14km away, and since most members of the community, and others that are nearby, walk or take their maize to the mill by bicycle, it is certain they will prefer to use Chrispin’s mill rather than traveling a longer distance.

Equipment such as a maize mill can be a major boost, not only for rural business owners such as Chrispin, but also for the community as a whole. Unfortunately, the upfront costs of such a maize mill can be very prohibitive. Once Chrispin secures a loan he will be able to get a maize mill from Rent-to-Own. Rent-to-Own will deliver the mill to his place of business, install it, and provide training on how to use and maintain it. With a maize mill, Chrispin will be able to diversify his business and better serve his community.

This loan will help Chrispin establish a profitable service in his community that will support his family and the members of his community throughout the year. It is for this reason Chrispin is asking Kiva lenders to help him with the loan so that he can secure a maize mill 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
  • 10
    View loans »
    Zambia Loans Fundraising
  • $1,106,125
    Funds lent in using Kiva
  • 5.4
    Zambia Kwacha (ZMW) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,450 helped Chrispin to pay for a maize milling machine that will provide a food milling service to over 300 families in his community.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 30, 2013
Aug 15, 2013
Currency Exchange Loss:
Sep 17, 2014