For the past several weeks, I’ve been busy visiting several of these entrepreneurs to learn more about how they are providing essential financial services to their communities. Before kicking off this customer immersion trip, my main objective was straightforward: to spend a total of five weeks in Zambia and Malawi, where I would spend a day with a dozen emerging entrepreneurs in a dozen towns. I wanted to shadow them on the job and in their homes to immerse myself as much possible.
Then, I really thought about what I wanted to achieve, and I added three more trip objectives:
First, I wanted to get closer to our most important customers. The agents I spent time with employ more than 100 people and have processed over $300 million in transactions. They have played critical roles in making Zoona what it is today. I wanted to understand what makes them tick, how they have been successful, and how we at Zoona can better support them.
Secondly, I wanted to capture and share stories. I asked one of our Malawian customer services representatives (who runs a videography business in her spare time) to accompany me on this trip and capture my experiences. The aim here is to provide inspiration and insight for the benefit of all of Zoona’s stakeholders, including out next generation of tellers and agents.
Lastly, I selfishly wanted to harness the energy from the field to recharge my batteries for our next phase of growth. I am constantly inspired by what our top agents have achieved, and I hope that their secrets will rub off on me!
Each agent I visited has a unique story to tell. Below are some highlights that have made lasting impressions on me these past three weeks.
Misozi, our poster agent in Lusaka, presented to Zambia’s Minister of Finance about how her life changed when she was 21 years old with no job and $500 in total savings. She invested everything into her first Zoona outlet. Then, over the next five years, she grew to employ 43 young Zambians and turn over $1 million per month in transactions. But, it was the way in which she presented her struggles and accomplishments at the age of only 26 that filled me with pride and triggered me to send a message to my wife that said, “I hope our daughter Aurelia can grow up to be like Misozi one day.”
Mercy, our top agent in Ndola, presented me with a three-tiered customized welcome cake and explained her system of empowering young women and ensuring her outlets always open early and close late. She believes her secret to success is the young girls who work for her, and on her own accord, she has transitioned a few of them to become agents and business owners under her wing. “In this business, you need to have trust in your tellers,” she says. She also hosts them at her house for food and drinks every Saturday after work.
Makumbo shared how becoming a Zoona agent in Mufulira has brought stability to his life in a mining community that booms and busts according to global copper prices. He saw the opportunity to build customer relationships by ensuring people are always served with a smile. He worked for six months in the kiosk himself to learn the business before starting to hire tellers and expand to new outlets.
Angela, a single mother of two who hires young girls off the street as her tellers, told me the heart-wrenching story of being defrauded by people she trusted and watching her business collapse in Solwezi. Zoona helped support her with a loan and two outlets to get her back on her feet, and now she is poised to expand once again.
Musanide, a pure entrepreneur with a huge smile, shared his dreams of becoming an international businessman. He has his sights set on cornering the thriving Lusaka city market to expand his Zoona business and provide crucial financial services to busy marketeers.
Mr. Coster, our first agent in the Western province, told me about the time when his wholesale and retail shop in Kaoma burned down, and he lost everything. He thought he was finished until Zoona rushed to his aid with a new kiosk and working capital loan for his float. Now, he has finished building a house for his family and supports eight children (including four for his late brother) on an income from Zoona. “I only have God to thank for bringing me Zoona,” he says.
I am truly humbled and passionately inspired by the impact Zoona is having in Zambia. While we have a lot of work to transcend our relatively small startup into a business that will last a century, we feel extremely proud of what we have already achieved. Nayo Nayo – we are in this together!
What might you learn from embarking upon your own customer immersion journey?
Want to see Mike’s journey unfold?
