Funded

Total loan: $4,050
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Bianca

Zambia
Kapiri, Zambia / Services

A loan of $4,050 helped to open a second Zoona mobile money tranfer shop in her town of Kapiri-Mposhi.


Bianca's story

Meet Bianca. She used her first Kiva loan to increase the working capital for her Zoona mobile money transfer business. The loan helped her to serve her customers much faster, and she is now able to pay out large amounts of money without worrying about converting funds from electronic to cash. Bianca wants to let her Kiva lenders know that her profits have improved, and this has helped her move to a better house and send her four-year-old daughter to nursery school.

Bianca is now applying for a second Kiva loan which she plans to use to finance a second Zoona money transfer shop in her town of Kapiri-Mposhi. Bianca’s new outlet will offer mobile money transfers and Mobile Airtime to more rural customers. With this loan, she will be able to buy a new trading booth and a new phone, and she will use the remaining funds as a working capital float for her money transfer outlet.

Bianca is hopeful that once she opens her second shop, her revenue will double and she will be able to improve her education through distance learning. She would like to go back to school and repeat the subjects that she did not do very well in during high school, so that she can be a good example for her daughter.

Bianca thanks the Kiva lenders for their support with the growth of her Zoona mobile money transfer business.



Loan details

Loan length:

44 months
Repayment schedule: At end of term
Disbursed date: August 25, 2013
Facilitated by Field Partner: Zoona International

Lenders and lending teams



Loan details

Loan length:

44 months
Repayment schedule: At end of term
Disbursed date: August 25, 2013
Facilitated by Field Partner: Zoona International