Total loan: $975


Flag of Malawi
Nkhata Bay, Northern Region, Malawi / Services

Macdonald's loan finished fundraising,
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A loan helped to procure a Zoona branded trolley and an internet enabled phone as well as the funds needed to make the actual transactions so that he can start running his own business.

Macdonald's story

Macdonald is a bright, eager man who resides in a town called Nkhata Bay in Malawi. Nkhata Bay is scenically situated on the shore of Lake Malawi and is thus a huge tourist attraction. Nkhata bay is also situated between the two biggest cities in Malawi which makes it an ideal location for an emerging entrepreneur.

Macdonald is looking to set up his own business here, this will make the sending and receiving of money much easier and safer for locals.
At 34 years old, Macdonald is the breadwinner in a family of two. Macdonald’s dream is to run his own business, but lack of capital is a huge obstacle in making this dream a reality
Currently, the economy in Malawi makes it difficult for young people to find gainful employment. This makes it difficult for Macdonald to support himself and his family. He believes that becoming a Zoona agent and running his own business will turn his situation around.

Macdonald has a certificate in Accounting and he would like to make a success of running a mobile money transfer business in Nkhata Bay. Macdonald will use the revenue generated to further his education. He is excited at the prospect of employing people. With this loan, Macdonald will be able to purchase a branded Zoona trading trolley which he needs in order to serve customers. He will also purchase a mobile phone and have the funds needed to serve people who need to access financial services in Nkhata Bay.
Macdonald thanks Kiva lenders for their support.