A loan of $3,750 helped to increase his floating capital at his two shops so that he can grow his mobile money transfer business.

Edson's story

Edson operates a successful Zoona mobile money transfer business. He is very excited to be taking out his third Kiva loan. From the time he received his first loan in 2012, Edson’s business has grown significantly. He has purchased additional equipment like a trading booth to better serve his customers. With his working capital loans, he has been able to offer additional services to his customer base such as mobile airtime. He also opened another outlet in his hometown of Chililabombwe. He says all this growth would not have been possible without the working capital assistance from Kiva lenders.

Now, Edson is requesting his third loan so he can increase his floating capital at his two shops. He explains that the business of mobile money transfers is one that requires a lot of money on hand because as the business grows, the number of customers also increases; hence, the need for more money to serve the growing customer base. This loan will help him reach more customers and scale his business even further.

This picture was taken at Edson’s new trading booth.

Loan details

Lenders and lending teams

Loan details