100%

funded

Total loan: $700

William

Flag of Malawi
MZUZU, Northern Region, Malawi / Services

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


A loan helped to increase his float so that he can generate more revenue for the business and be able to meet all his financial commitments.


William's story

With the help of Kiva, William has managed to grow his business and resume his education. He now has 2 active Zoona mobile outlets that he runs and manages with the assistance of tellers. He earns an average revenue of about $350 from which he pays out teller wages and bills. William also takes care of his parents and pays his own fees.

A revenue of $350 is just not sufficient to meet all of William's financial obligations. For his business to generate more revenue, he requires more working capital so that he can generate more transactions.

However, William cannot afford to raise additional working capital on his own. He therefore reached out to the Kiva community for a loan to increase his float in order to generate more revenue for the business and be able to meet all his financial commitments.