A loan of $2,750 helped to increase her working capital so that she can grow her mobile money transfer business.

Constance's story

Constance is a 22-year-old micro-entrepreneur. She lives in a rented house in the mining town of Chingola. She is engaged to be married this year and recently expanded her Zoona business after opening a new mobile money transfer shop in the nearby border town of Kasumbalesa.

This is Constance’s second loan; she used the money from her first loan to increase her working capital so that she could serve her customers who wanted to send larger amounts of money. She says the loan was very helpful in the growth of her business because she is now able to serve more customers who come to send and receive money from her Chingola outlet and no longer has to turn them away. Her earnings have also improved and she is excited about the growth of her business. She has even employed two more people to help her run the shops.

Constance is taking out another loan for her new shop in Kasumbalesa. The loan will be used as working capital float for her new outlet. Right now, the Kasumbalesa shop is working on a minimal working capital float of $1,000. This is not enough to satisfy the growing customer base in the thriving border town. The loan will help Constance grow her business.

In this picture, Constance (in the center) poses with her two employees.

Loan details

Lenders and lending teams

Loan details