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Jonas is 30 years old. He is the third-born in a family of six. He is married and has two children, ages 9 and 2. His 9-year-old son is in third grade. Jonas lives in Chililabombwe, where he operates a Zoona mobile money transfer business.

Jonas describes himself as a hard worker who has passed through a lot of ups and downs in his life. He says this makes him very strong and focused in whatever he does. He enjoys running his business because it is a way for him to provide for his family. He says he also gets to meet a lot of people in his community as he spends most of his time at his green booth, where he serves customers who need to access financial services.

Jonas will use his loan to purchase three trading booths so that he can grow his business and service more customers in need of mobile money services. He is hopeful that once he gets his Kiva loan he will be able to grow his business and earn more profits. He plans to reinvest the profits back into the business and provide a better life for his family.

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
  • 0
    View loans »
    Zambia Loans Fundraising
  • $857,225
    Funds lent in using Kiva
  • 6.5
    Zambia Kwacha (ZMW) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,325 helped Jonas to purchase three trading booths so that he can grow his business and service more customers in need of mobile money services.
36% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
At end of term
Jun 8, 2014
May 10, 2014
Currency Exchange Loss: