Why SHONA Capital?
At SHONA Capital, we believe that access to the right financial solutions can transform businesses and communities. Guided by our philosophy of being “More Than Just Capital,” we go beyond traditional financing to provide meaningful support that empowers entrepreneurs to succeed.
We specialize in serving Small and Medium Enterprises (SMEs), the backbone of economic growth. Our approach combines capital with hands-on expertise, ensuring that our clients are not only funded but also equipped to thrive.
Backed by a skilled in-house team and an extensive network of industry experts, SHONA Capital helps SMEs overcome challenges in finance, sales, compliance, and operations.
More than just a financial partner, SHONA Capital is committed to creating lasting impact.
Our Mission
At SHONA Capital, our mission is to empower Small and Medium Enterprises (SMEs) to reach their full potential. We provide flexible, responsible financing paired with practical management support that goes beyond capital. By partnering with clients, industry experts, and communities, we work to remove barriers, strengthen capabilities, and foster long-term, sustainable growth.
Our Vision
Our vision is to become a catalyst for entrepreneurial success and financial inclusion in Zambia. By 2028, SHONA Capital aims to support the growth of at least 500 SMEs across two regions, establish an asset base exceeding ZMW 100 million, and be recognized as a leading institution that drives sustainable entrepreneurship and community impact.
Core Values
Shareholders
SHONA Capital Zambia Limited's majority shareholder, Kuo Sharper Initiative LLC (KSI), is a purpose-driven company with a mission to accelerate job creation and economic prosperity across Africa.
KSI invests in:
Innovative Technology
To enhance loan processing and strengthen risk management.
Tailored Loan Products
That meet the evolving needs of growing small businesses.
Strategic Investments
In non-bank financial institutions committed to the long-term success of their borrowers.
Through this mission-driven approach, KSI ensures that its investments create measurable impact while supporting sustainable economic growth.
Management & Governance
Our leadership team brings together deep expertise in finance, credit risk, investment, and entrepreneurship. We are guided by strong governance principles built on transparency, accountability, and strict compliance with regulatory requirements.
Micheil Banoub
Board Chair
Micheil Banoub
Board Chair
Sayuri Sharper
Board Member
Sayuri Sharper
Board Member
Mutomboi Mundia
Board Member
Mutomboi Mundia
Board Member
Mafipe Chunga
Board Member
Mafipe Chunga
Board Member
Kayinja Mfuni
Board Member & Management
Kayinja Mfuni
Board Member & Management
Muze Syachaba
Management
Muze Syachaba
Management