100%

funded

Total loan: $850

Chester

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Pemba, Southern Province, Zambia / Services

Chester's loan finished fundraising,
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A loan helped to improve the liquidity at his outlet to ensure he generates more income so that he can meet all his financial obligations.


Chester's story

Chester is a growing mobile transactions agent, he has a single outlet and 2 tellers that assist people with sending and receiving money. Chester only started his business in April 2017 but already his outlet is attracting a lot of people in the community as they prefer to use his services for domestic transfers.

From the transactions he carries out, he earns a commission that makes part of his revenue. Through the business, Chester has been able to pursue his diploma in information technology. It has always been his big dream to further his studies and attain a tertiary qualification. Chester continues to support his family, as well as extended family. He currently has 2 children that are in primary school that he looks after. He recently married and they have a 2-month-old child. His wife is a small-scale entrepreneur.

As Chester's financial responsibilities continue to grow,he also hopes to grow his business so that he can generate enough income to meet his obligations. To compliment what he earns from his business, Chester also teaches part time so that he gets an extra income.

Chester reaches out to KIVA for financial support. With the KIVA loan, he will improve the liquidity at his outlet to ensure that he is able to serve all his customers and generate more income, so that he can meet all his financial obligations.