A loan of $4,550 helped to increase her working capital (cash float for electronic transfers) so that she can grow her business.

Angela's story

Angela is a hardworking single mother of two girls. She has been running her mobile money transfers business for nearly four years and now has two outlets in Solwezi. She is requesting a second Kiva loan so that she can continue to grow her business.

Even though Angela has enjoyed some success, securing working capital for her business still remains a significant challenge since she does not have the collateral required for a bank loan. It is for this reason that Angela has requested another Kiva loan.

Angela is hopeful that once the Kiva loan comes in, the additional working capital will enable her to serve more customers in the busy mining town of Solwezi. Given the high demand to send and receive money, Angela knows that increasing her float is the key to growing her profits and improving her family's well being.

Angela would like to take this opportunity to thank her Kiva lenders. With her first loan, she was able to purchase a trading booth and renovate it so that her customers could have some shelter as they transact. With the increased earnings from her first shop, she was also able to bring her children to live with her in Solwezi, and they are now in school.

Loan details

Lenders and lending teams

Loan details