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Umnotho Group
In this Group: Bongekile , Phakamile , Phumelele Cashephi , Sindisiwe Ivy , Khalasiphi Khathazile
Bongekile is 49 years old and a single mother with 4 children between the ages of 2 and 14 years old. She cares for 4 children. She runs a retail business in Nkandla in Kwa Zulu Natal, South Africa. In the photo she is in the center raising her hand.

She hs been in this business for 10 months and sells chicken in farm villages and pension spots. She says that the main challenge to her business is customers who buy on credit and fail to pay on time. She requested this loan through Women’s Development Businesses to buy clothes. She hopes that the extra income from this loan will help her increase her profit, add more stock, support her family and allow her to build a house. In future, she would like to see her business grow.

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

  • $11,500
    Average annual income
  • 0
    View loans »
    South Africa Loans Fundraising
  • $525,725
    Funds lent in using Kiva
  • 6.9
    South Africa Rand (ZAR) = $1 USD