Funded

Total loan: $5,000
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Mwila

Zambia
Lusaka, Zambia / Services

A loan of $5,000 helped to open up a mobile money transfer shop.


Mwila's story

Mwila has just completed her training with Mobile Transactions Zambia to start running her own mobile money transfer business as a champion agent. This is her story….

My name is Mwila. I am the mother of a 1 year, 10 months old son. I grew up in a town called Chipata, and I am the fifth born in a family of six. I came to Lusaka, the capital city of Zambia, to undergo training so that I can start running my own shop. I have successfully completed this training and now need a loan to start running my shop.

I intend to open my shop in my hometown of Chipata, because I feel the community there will benefit in having easy access to send and receive money to and from their friends and relatives. Also, the way I look at it, Chipata is a city in waiting and people there have caught up with technology and need as many mobile money transfer shops as possible.

With this Kiva loan I will be able to start running my own shop. I will pay rental for the trading booth, which I will be using for transactions. I will also use the money to brand my booth, hire at least one person, and get some chairs and phones.

I am very excited to get a Kiva loan and start running my own business because the profits that I will start earning will enable me to provide a good life and education for my son.

In the video, a representative from Mobile Transactions interviews Mwila.



Loan details

Loan length:

38 months
Repayment schedule: At end of term
Disbursed date: August 25, 2012
Facilitated by Field Partner: Zoona International

Lenders and lending teams



Loan details

Loan length:

38 months
Repayment schedule: At end of term
Disbursed date: August 25, 2012
Facilitated by Field Partner: Zoona International