A loan of $4,950 helped to add on to her small working capital so that she can be able to serve all the customers that come to her shop.

Florence's story

Florence is 25 years old. She earns her living by providing mobile money transfers at the biggest hospital in Zambia, the University Teaching Hospital (UTH).

When Florence finished secondary school, she opened her own hair salon as she was pursuing an accounting course in a town called Ndola which is near her home village. For the first year of college she remained in her village during the week to operate her hair salon and went to Ndola only on the weekends to attend classes. After one year of commuting, she closed the hair salon and used the profits from her salon to relocate to Ndola to study full time and she finally got her Technician Certificate in Accounting.

She then relocated to Lusaka, the capital of Zambia, where she started running her mobile money transfer business a month ago.

Florence says her business is very important. Growing up, she saw many people in her village try to send and receive money at the post office where her father worked. Many times people would be frustrated when the post office was unable to pay them their money.

Florence is requesting a loan in order to increase her working capital and increase the number of customers at her shop. With her shop near the hospital, many of Florence’s customers urgently need to receive money, and her shop will help them do just that.

Loan details

Lenders and lending teams

Loan details