A loan of $925 helped to add on his working capital so that he can sell more cell phone credit (airtime).

Edson's story

Eddie is very happy for the opportunity to get a second Kiva loan. He used his first loan to add on to the little working capital that he had, and this enabled him to serve customers much faster and earn more profits from his mobile money transfers business. From the time that he got his Kiva loan, Eddie says that he has had more demand for his business because customers are saying good things about him and his business.

Eddie has recently started selling cell phone credit (airtime) for all networks using Zoona. It is for this reason that he is taking out another loan so that he can be able to serve his new customers. He says the cell phone credit (airtime) business is a fast-moving consumer good that requires larger working capital and will give him more foot traffic.

Eddie is hopeful that once he gets his second loan, he will be able to make more profits and finally move to a more permanent structure.

Loan details

Lenders and lending teams

Loan details