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Ganizani, 29, is excited about the opportunity to access a Kiva loan. He runs a Zoona mobile money transfer business in his hometown of Kabwe. His business provides financial services to people in the community.

Ganizani completed high school in the year 2004 and then pursued a degree in business administration at a local university in Kabwe. Seeing a need in his community, Ganizani decided to begin operating his mobile money business recently.

Ganizani is excited to be running his own business because he sees this as a way for him to be empowered. He is hopeful that once he gets the loan, he will serve more customers and make additional profit. He says the profits from his anticipated growth will help him send money back home to his parents.

He is requesting a Kiva loan to help him purchase a trading booth. This booth will help his business through improved branding/advertising and the shop will be put in a good high traffic location that will make it easy for new customers to use.

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
  • 6.9
    Zambia Kwacha (ZMW) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $725 helped Ganizani to purchase a branded trading booth.
36% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
At end of term
Jun 30, 2014
Jun 5, 2014
Currency Exchange Loss: