A loan of $5,000 helped to increase her working capital so that she can handle bigger transfers of money.

Constance's story

Constance is 21 years old. She would like to be in college and do what people her age do, but she can’t because she did not have the money to pay college tuition. Constance has not given up hope of ever going to college. She has started a business as a mobile money transfer agent in her home city of Chingola in the Copperbelt Province of Zambia.

Constance’s biggest dream is to expand her business beyond her home town. She intends to be able to handle huge sums of money as this will enable her to have more profits. However, Constance faces the challenge of having little capital for her business. This means that she cannot conduct transfers that require large sums of money to be received or sent. When she gets the loan, she intends to increase her working capital so that she will be able to handle bigger transfers of money. When she has grown her business, Constance wants to go to college while continuing to run her business.

Constance is convinced that her business is helping her community because many do not know how to read and write and her money transfers do not require complicated paperwork. Also, she provides personalized services so her customers always get all the help they need. This, she believes, is the competitive edge that her business has that will help make enough profits to realize her dream of going to college

In this Video, Constance is being interviewed by a representative from Mobile Transactions.

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