Funded

Total loan: $425
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Victor

Zambia
Lusaka, Zambia / Services

A loan of $425 helped to provide essential transaction funds to service customers.


Victor's story

Victor, age 46, works very hard to support his family through his Zoona mobile money transfer business. He has three children, ages 21,19 and 10. All of his children are currently attending school. He has requested a loan from Kiva so that he can serve customers at a new location in Mandevu township, where mobile money financial service is needed in the community.

Victor has been running his mobile money transfer business for four months. He says that his community benefits from the business, because it is affordable, user-friendly, and accessible. He currently works alone at his green trading booth and is hopeful that, once his business grows, he will be able to hire additional employees and expand operations.

This loan will help Victor on the path to building a viable business that can provide for his family and community throughout the year. It is for this reason that Victor is asking Kiva lenders to help him, so that he can secure additional working capital and grow his business with more cash-on-hand.



Loan details

Loan length:

20 months
Repayment schedule: At end of term
Disbursed date: July 19, 2014
Facilitated by Field Partner: Zoona International

Lenders and lending teams




Loan details

Loan length:

20 months
Repayment schedule: At end of term
Disbursed date: July 19, 2014
Facilitated by Field Partner: Zoona International