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Meet 50-year-old Romas. He is married and has eight children, all of them are in school. Romas sells Coca-Cola products on a wholesale basis to local retailers and customers in Mandevu compound, a high-density area north of the capital city in Lusaka, Zambia.

Romas has been running his business for nineteen years. On any given day, Romas can be found at the red and white shipping containers filled with crates of Coke, Fanta and Sprite. He enjoys running his business because it gives him the chance to interact with other small business owners in his community. He talks about how his business is the only source of income that his family has.

Romas has applied for a Kiva loan to purchase more stock such as Fanta, Coca-Cola and Sprite. By purchasing this additional stock it will help with expanding his business and profit. Romas is confident that accessing microfinance will allow him to grow his business and provide a better life for his wife and children.

Additional Information

More information about this loan

This loan is part of Zoona's effort to provide working capital to micro-distributors in Zambia. Passionate about helping businesses grow by combining financing and electronic payment technology, Zoona provides loans to incentivize people to switch from cash to mobile payments, increase their stock levels, and open new mobile money outlets. The micro-distributors who receive these loans have been unable to access affordable credit from commercial banks. With Zoona, they can make sustainable income while increasing mobile money adoption in rural Zambia.

About Zoona:

Zoona is a mobile money operator that invests in emerging entrepreneurs in Africa who provide underserved communities with financial inclusion. Zoona offers entrepreneurs an opportunity to build their own businesses and create wealth and employment through mobile payment solutions, financial services, business management tools and support. Kiva loans made through Zoona provide mobile banking service agents with funding for fixed asset purchases, setup expenses, and working capital float to ensure resources to manage cash in/out transaction requests.


About Zambia

  • $4,100
    Average annual income
  • 3
    View loans »
    Zambia Loans Fundraising
  • $1,283,000
    Funds lent in using Kiva
  • 6.2
    Zambia Kwacha (ZMW) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,425 helped Romas to buy more stock, such as Fanta, Coca-Cola and Sprite for his wholesale business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
At end of term
May 16, 2014
Apr 19, 2014
Currency Exchange Loss:
Apr 18, 2015