A loan of $1,900 helped to grow her mobile money transfer business and serve more customers in need of financial services.

Gwendoline's story

Gwendoline operates a small mobile money business that provides a service for her community to safely transfer money throughout Zambia. She is 22 years old and has a four month old son. This will be Gwendoline’s second loan.

Gwendoline used her first loan to add working capital to her outlet so she could serve more customers. With her increased profit, she reinvested to open an additional shop in a nearby residential area in Lusaka. Owning and operating two shops has made Gwendoline very happy.

The reason for Gwendoline’s second loan is to improve the service at her second shop. The shop has the potential to service more customers but she needs additional working capital to meet the increased demand for her mobile money service. Gwendonline is always striving to grow her business so she can earn more profit and provide for her growing baby.

Loan details

Lenders and lending teams

Loan details