A loan of $2,750 helped to grow his Zoona mobile money transfer business by opening a new outlet in his hometown of Kabwe.


Paul's story

Paul, now 29 years old, has been running his Zoona money transfer business for three years. He got his first Kiva loan last year and has fully repaid it. The loan helped Paul to grow his business. He was able to serve more customers and make enough commissions from his first shop to open another mobile money transfers shop in his hometown of Kabwe. Today, Paul now has three employees.

Paul is requesting a second loan so that he can open a third mobile money transfer outlet in his hometown and continue to grow his Zoona mobile money transfer business. He says the Kiva loan will help him satisfy the demand from his customers. Paul is the only Zoona mobile money agent in Kabwe and this puts pressure on him to always have money to serve customers. He would like to open a third shop to meet the growing demand and reduce some of the congestion that has accumulated at his two other shops. Paul will use his Kiva loan to purchase a trading booth, hire two more people, purchase two phones and add to his working capital.

Paul would like to thank his Kiva lenders for their assistance. As a young micro-entropreneur in Zambia, he says working capital finance is very difficult to find and therefore, he has appreciated the opportunity to be linked to Kiva lenders. He is now renting a better house closer to his town where his businesses are located.



Loan details


Lenders and lending teams




Loan details