100%

funded

Total loan: $350

Mulenga

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Choma, Southern Province, Zambia / Services

Mulenga's loan finished fundraising,
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A loan helped to increase his working capital and ensure that he generates more income and is able to meet all his personal financial obligations.


Mulenga's story

Mulenga continues to run his mobile money business assisting the community with sending and receiving money. His business has had a huge impact on his community, and he is grateful to Kiva for the part it played in bringing financial inclusion to the unbanked communities.

Mulenga currently manages 3 outlets, and he hopes to keep expanding, so that he can reach out to more of the unbanked communities in the remote regions of Zambia.

With the income he generates from his business, Mulenga pays his tellers salaries and provides for his siblings who are still in school. He also supports a lot of extended family, providing basic needs and financial assistance where necessary. Since he became a Zoona agent, Mulenga has been able to further his studies. He recently qualified as a teacher, and he says he would not have made it had it not been for his business.

Currently, Mulenga has a lot of financial responsibilities and not enough capacity to meet these obligations. He therefore requests a Kiva loan, so that he can increase his working capital and ensure that he generates more income and is able to meet all his personal financial obligations.