A loan of $2,850 helped to purchase a new booth to expand his mobile money business to serve more customers in need of sending or receiving money.

Owen's story

Owen is a 27-year-old micro-entrepreneur. He operates his own Zoona mobile money-transfer business. Upon completing school in 2009, Owen began working as a teller for a Zoona mobile money outlet. During this time he was able to learn the business well and through time grew the desire to start one on his own. Because of his dedication as a teller for four years, the mobile money owner decided to help Owen start his own outlet. He provided an initial investment of $1,000, and now Owen is successfully operating his own Zoona mobile money shop. With his increased income he has been able to pay for his younger sisters' school fees as well.

Owen is requesting a loan from Kiva because he wants to expand his business and open another mobile money outlet in the town centre. He has seen an increase in demand for a secure way to transfer money from his customers. With the loan, Owen will purchase a trading booth and new phone technology, which will enable him to serve more customers.

Owen’s dream is to attend university and study business administration. He sees his mobile money business as a good first step in becoming a successful businessman.

Loan details

Lenders and lending teams

Loan details