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Siyafisa Group
In this Group: Funukwenzani, Sindisiwe Lina, Nozizwe Dumisile, Philisiwe Daisy, Sizakele Doris
Funukwenzani is 57 years old and married with 5 children, aged between 10 and 16 years. She runs a general store in Stanger, KwaZulu-Natal, South Africa. She is standing on the far right in the photo above.

Funukwenzani has been in this business for 2 years. She also earns income from the government’s child support grant. She says that the main challenge to her business is that the customers do not pay on time.

She requested this loan through Women’s Development Business and KIVA to buy breads, fruits and vegetables, and canned food. She says that the extra income from this loan will help her buy a couch for her family. In five years time she would like to see her business on top and have one more employee.

Additional Information

About Women’s Development Businesses (WDB)

This loan is administered by Women’s Development Businesses (WDB), Kiva’s first and only partner in South Africa. Over 75% of South Africa’s population lives in rural areas and about a quarter of South Africans live on less than $1.25 per day.

WDB offers microcredit and training to rural women in order to improve their families’ living standards and encourage active participation in their communities. In addition to targeting women with household incomes of less than 50% of the South African poverty standard, WDB also provides enterprise development and mentorship for women ready to enhance their business skills.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About South Africa

  • $12,700
    Average annual income
  • 0
    View loans »
    South Africa Loans Fundraising
  • $780,425
    Funds lent in using Kiva
  • 7.2
    South Africa Rand (ZAR) = $1 USD

Success!! The loan was 100% repaid

A portion of Siyafisa Group's $1,600 loan helped a member to buy canned food, breads, fruits and vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 10, 2011
Feb 23, 2011
Currency Exchange Loss:
Dec 8, 2011