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Clever is a shop owner in a small village in Kapiri Mposhi District, Zambia. He is requesting a loan for a maize mill to provide a maize milling service to over 300 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 rural families in Kapiri Mposhi District 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 to make what is locally called Nshima. Clever is already a well-respected member in his community and wants to expand his business to offer this maize milling service.

Rent-to-Own has done market research in Clever’s community and has determined that the location for this equipment is ideal. The closest maize mill is over 10 km away, but is often broken down. This means most potential customers have to travel to other villages, and since most will 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.

Equipment such as a maize mill can be a major boost for many enterprising farmers and shop owners such as Clever, as it allows for him to diversify his business. Unfortunately, the upfront costs of such a maize mill are very prohibitive. Once he secures a loan, Clever will be able to get a maize mill from Rent-to-Own, which will deliver the equipment to his farm, as well as provide training on how to use and maintain it.

This loan will help Clever on the path to building up a viable business that can provide for his family and community 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
  • $1,284,550
    Funds lent in using Kiva
  • 6.6
    Zambia Kwacha (ZMW) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,825 helped Clever to obtain a maize milling machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 13, 2014
Jun 3, 2014
Currency Exchange Loss:
Sep 17, 2015