A loan of $825 helped to grow his mobile money transfer business by increasing the amount of money available to serve people in need of financial services.

Laston's story

Laston is still growing his mobile money transacting business. He would like to thank all the lenders for their continued support and for the positive impact their loans have made on his business and daily life. The last loan increased his working capital, allowing him to make more transactions to more customers. He has also been able to send and receive larger amounts of money at his shop.

Laston is 45 years old and owns a Zoona mobile money transfer business in Lusaka city centre with his wife. They live in a rented house with their four children, two of his wife’s sisters and a 5-year-old niece.

Laston likes to describe his business as the service of sending and receiving money from one location to another in Zambia. He started operating the business as a way of providing for his family and empowering his wife. Laston enjoys the business because it is an opportunity for him to serve his community. He enjoys interacting with all the customers from different walks of life that do business at his outlet.

Laston has requested a second loan so that he can increase his working capital float (this is the money that he uses to service his customers). This increase will mean that he will be able to serve more customers who need to send and receive money from his shop.

Laston’s dream is to take care of his family and educate his children. He would like his kids to have the education that he never had the opportunity to receive.

In this picture, Laston is sitting outside his mobile money transfer shop.

Loan details

Lenders and lending teams

Loan details