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Collence is 36 years old and lives in the farming region of Chibombo District, Zambia. As a farmer, Collence has been working hard to put 8 children through school. Collence is requesting a Kiva loan so that he may purchase a water pump to irrigate his fields.

Collence has been selling large quantities of green peppers, tomatoes, and onions to markets in the capital city of Lusaka, and even to buyers from neighboring countries. For the past 15 years, Collence has slowly been expanding his farm, but he has relied on family to help him in the labor-intensive task of watering using buckets. With a pump, Collence and his family will be able to irrigate their crops far more efficiently.

Water pumps can be a major boost for farmers such as Collence, who struggle to irrigate their crops with buckets during the dry season. A water pump allows for farmers to water their crops more regularly, while also increasing the area they are able to cultivate. Unfortunately, the upfront costs of such a water pump can be very prohibitive. Once he secures a loan, Collence 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.

Collence hopes to use new profits from an expanded farm to continue work on a new house for his family. It is for this reason that he is asking Kiva lenders to assist him with a 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
  • $1,087,775
    Funds lent in using Kiva
  • 5.4
    Zambia Kwacha (ZMW) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Collence to obtain a water pump for irrigation.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 22, 2013
Aug 29, 2013
Currency Exchange Loss:
Aug 18, 2014