Total loan: $850


Flag of Malawi
Mangochi, Southern Region, Malawi / Services

Frank's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to finance his start-up business as a Zoona mobile transactions agent and bring financial inclusion to the community.

Frank's story

Frank is a focused young man from Mangochi, Malawi. Frank is one of 6 children, raised by their single father, on a teachers salary. 4 of his siblings are still at school, and his brother has been unemployed since completing school. He says he has a technical mind and he enjoys solving mathematical problems and things that require logical thinking. Frank started working in 2015 during which time he acquired some financial skills. Frank believes he can use the knowledge he has to run a successful business and help support his father to take care of his family which looks up to him.

Frank has become an entrepreneur and is running a Zoona mobile transaction business. His main concern is business people in his community, he wants to provide them with financial services that will smooth their business operations. The people in the community will have a quicker and easier means of sending and receiving money and they won't have to travel long distances to access financial services or pay expensive bank charges. Frank thinks he can also bring employment to the youth and sees his business as an opportunity, not just for him but for his community as well.

He is reaching out to Kiva for assistance as he cannot raise the money required for this business. This loan will go a long way towards serving the Mangochi community by attaining a branded kiosk and the funds needed to process the cash in/ cash out transactions.

Frank would like to thank Kiva in advance for the support.