100%

funded

Total loan: $1,675

Cresesia

Chikwawa, Southern Region, Malawi / Services

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A loan helped to start running her own business as a Zoona mobile money transfer agent so that she can provide financial services to her community.


Cresesia's story

25-year-old Cresesia is single and resides with her family in Chikwawa. Chikwawa is a rural district in Malawi with a population of approximately 12,000. There's no bank within this district, and the nearest town is two hours away.

Cresesia has seen this as an opportunity to create employment for herself whilst serving her community. With this business her community will be able to send or receive funds via a mobile transaction, saving on any extra expenses incurred when having to travel to reach a financial institute. Cresesia reaches out to Kiva as she lacks the funds for her start up business. With this loan she will be able to attain a kiosk from which to trade and funds to serve her customers with their desired transactions.

Cresesia will be earning an income with every transaction processed. With this income she'd like to contribute to the household expenses and ensure that her sister, who is still at school, will have an opportunity to study further. Cresesia is excited about being her own boss and thanks Kiva lenders in advance for their support and belief in her.