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Nason, 54, is an entrepreneurial businessman with six children from Nyimba District, Zambia. He currently runs a poultry farm and transport business. He is asking for a Kiva loan to buy a maize milling machine and a maize de-huller so that he can provide a milling service to over 450 families in his community.

The maize milling machine takes raw maize (corn) and creates a maize flour which is the staple food in Zambia. Most families in Nason’s community grow maize on their small farms and store it and use it as their primary supply of food for the year. After the kernels are removed from the cob, they then have to be milled to create flour, which can then be boiled and thickened to make what is locally called Nshima. The addition of a maize de-huller creates a further refined flour that is in high demand throughout the region.

Rent-to-Own has done extensive research in Nason’s community and has determined that the location for this equipment is ideal. The closest competitor is 2km away, but is often broken down, and since most clients walk or use their bicycles to travel to the maize mill, it is certain they will prefer to use this maize mill rather than traveling a longer distance. The addition of a maize de-huller is an extra attraction as those wanting the more refined maize flour will be able to have the processing done in the same place as they have their maize milled. This will also draw customers from neighboring communities.

The high cost of equipment such as a maize mill is a major barrier, even for successful entrepreneurs like Nason. Once he secures a loan, Nason will be able to get both a maize mill and a de-huller from Rent-to-Own, which will deliver the equipment to his community, as well as provide training on how to use and maintain it.

With this maize mill and de-huller, Nason will be positioned to offer the only one-stop shop for maize milling in the area. He hopes to hire an additional employee to help with the day-to-day operation of the equipment. This loan will help Nason build on his successes as an entrepreneur and build up what will surely be a viable business that can provide a much needed service throughout the year.

Additional Information

More information about this loan

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit. 

About Rent-to-Own

Rent-to-Ownis a social enterprise that supports entrepreneurs in rural Zambia by providing financing and access to productive assets at low prices. The company uses a product catalogue for clients to purchase equipment needed to grow their businesses, and a network of local agents who leverage their social networks to decide if clients are credit-worthy.

Once clients are approved, Rent-to-Own provides a holistic set of services including delivery, installation, training, and repair services for their equipment to give clients the highest possible chance of succeeding. All equipment has a 30% mark-up over Rent-to-Own's purchase price. This mark-up covers all the logistical transportation costs that Rent-to-Own incurs in order to deliver the asset to the borrower, to provide training, ongoing support and to cover transaction costs. Kiva lenders’ funds are used to test new forms of asset financing to help more clients in new and innovative ways.

Rent-to-Own joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.


About Zambia

  • $4,100
    Average annual income
  • 2
    View loans »
    Zambia Loans Fundraising
  • $1,283,000
    Funds lent in using Kiva
  • 5.5
    Zambia Kwacha (ZMW) = $1 USD

Success!! The loan was 100% repaid

A loan of $6,400 helped Nason to obtain a maize de-huller and milling machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 14, 2013
Nov 22, 2013
Currency Exchange Loss:
Dec 1, 2014