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Kennedy is a farmer from Chibombo District, Zambia. He is asking for a Kiva loan so that he may purchase a water pump to irrigate and expand his garden.

A father of seven, Kennedy has been selling tomatoes, fresh greens, and local eggplants from his garden for over five years. He has been able to sell his produce at major markets in the capital city of Lusaka where he can fetch a good price. Kennedy has so far managed to water his small garden, carrying water in buckets from a nearby well. Kennedy hopes to expand his garden and production, but without a water pump he has been unable to do so.

Water pumps can be a major boost for small farmers such as Kennedy, who often struggle to expand to their potential while irrigating their crops with buckets. A water pump allows 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, Kennedy 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.

Kennedy believes the water pump will help him realize his plans to expand his farm, and increase his profits. It is for this reason Kennedy is asking Kiva lenders to assist him with a loan so that he can secure a water pump.

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
  • 18
    View loans »
    Zambia Loans Fundraising
  • $1,185,400
    Funds lent in using Kiva
  • 5.3
    Zambia Kwacha (ZMW) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Kennedy to obtain a water pump for irrigation.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 15, 2013
Oct 28, 2013
Currency Exchange Loss:
Aug 18, 2014