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Meet Tripher: He is 35 years old. He runs his own business as a distributor of Coca-Cola products in Lusaka’s Chilenge Township. A staff member of Zoona asked him the following questions:

Can you tell me about yourself?
"I am Tripher, I live here in Lusaka with my wife, my 2-year-old son and 10 relatives from both mine and my wife’s family."

What is your educational background?
"I have a diploma in Business Administration and I would like to get my degree soon."

What do you love most about running your own business?
"I love being self-employed because I have clear goals that I want to achieve and I work towards that. It is also nice to make my own decisions."

What challenges do you face in your business?
"The biggest challenge that I face in my business is that I do not have enough money to order a lot of stock, and as a result I end up disappointing my customers. There are times when I run out of stock at my shop due to the fact that my capital is small."

What do you want to use the Kiva loan for?
"I want to use the Kiva loan to buy stock for my shop. This loan will help me because once I order the drinks, at least my stock won’t be running out on me for some time."

What are your hopes and dreams for your future?
"I have many dreams, but my biggest is to see my son grow into an educated somebody. For my business, I dream of opening up two more Coca-Cola distribution centres in Mongu town and Chisamba district."

Additional Information

More information about this loan

This loan is part of Zoona's effort to provide working capital to micro-distributors in Zambia. Passionate about helping businesses grow by combining financing and electronic payment technology, Zoona provides loans to incentivize people to switch from cash to mobile payments, increase their stock levels, and open new mobile money outlets. The micro-distributors who receive these loans have been unable to access affordable credit from commercial banks. With Zoona, they can make sustainable income while increasing mobile money adoption in rural Zambia.

About Zoona:

Zoona is a mobile money operator that invests in emerging entrepreneurs in Africa who provide underserved communities with financial inclusion. Zoona offers entrepreneurs an opportunity to build their own businesses and create wealth and employment through mobile payment solutions, financial services, business management tools and support. Kiva loans made through Zoona provide mobile banking service agents with funding for fixed asset purchases, setup expenses, and working capital float to ensure resources to manage cash in/out transaction requests.

About Zambia

  • $4,100
    Average annual income
  • 5
    View loans »
    Zambia Loans Fundraising
  • $1,273,325
    Funds lent in using Kiva
  • 5.3
    Zambia Kwacha (ZMW) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,825 helped Tripher to purchase crates of soft drinks for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Apr 21, 2013
May 29, 2013
Currency Exchange Loss:
Jul 17, 2014