17/07/2026
Meet the Founders | Women in Tech Zambia Cohort 6
Chikombo Chilufya
Expanding Financial Opportunities for Zambia's Informal Entrepreneurs
For Chikombo Chilufya, entrepreneurship is about more than access to finance. It's about unlocking opportunity for people who have long been overlooked.
After years of working alongside women and youth entrepreneurs, Chikombo witnessed a common challenge. Despite their determination and hard work, many market traders struggled to access formal financial services because they lacked collateral, credit histories or formal business records. Left with few options, many turned to expensive informal lenders that made it even harder to grow their businesses.
Determined to change that reality, she co-founded Likumi Financial Services, a technology-enabled microfinance startup providing affordable working capital loans and financial education to women and youth market traders across Zambia.
Through a digital loan management platform built on Odoo ERP, Likumi simplifies customer onboarding, loan processing, repayment tracking and portfolio management. The company is also integrating Mobile Money and other digital tools to make financial services faster, more accessible and better suited to the needs of informal entrepreneurs.
Beyond providing finance, Likumi equips entrepreneurs with the knowledge and confidence to build resilient businesses. By combining technology, community-based service delivery and financial literacy, the company is helping customers strengthen their businesses, support their families and contribute to local economic growth.
Since launching, Likumi has already demonstrated the potential of inclusive finance. The company has served more than 140 active customers, disbursed 286 loans, and proven that informal entrepreneurs thrive when given fair access to affordable financial services. At the same time, it has built a fully operational digital lending platform designed to support future growth.
Looking ahead, Chikombo envisions Likumi becoming one of Zambia's leading technology-enabled financial inclusion platforms. By expanding into new markets, strengthening its digital lending technology and introducing intelligent credit assessment, the company aims to help thousands more women and young entrepreneurs grow sustainable businesses and improve their livelihoods.
Being selected among the Top 10 founders in the Women in Tech Zambia Accelerator Cohort 6 marks another important milestone for Chikombo and Likumi. Through the accelerator, she hopes to strengthen the company's investment readiness, build strategic partnerships and position Likumi for its next stage of growth and impact.