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Tadii Youth Group
In this Group: Courage , Robin , Joe , Tinei , Clyton , Timothy , John
This group's members come from one village and are aged between 16 and 26. A number of them dropped out of school due to financial challenges and have been living on wages from odd jobs for a long time. After being trained by PENYA, the group identified organic gardening as the business they would like to venture into. They have been doing well over the past year and have been supplying the local business centre with fresh vegetables. Their goal is to further their training in organic farming and enter into a farming contract to supply local hotels. They would also like to venture into oyster mushroom production.

PENYA assists borrowers with entrepreneurial skills training through the Start and Improve Your Business (SIYB) Program. PENYA also helps them form Village Savings and Loans Associations where they save proceeds from their businesses that will then become the future sources for additional loans and business investments. Finally, PENYA carries out mentoring and monitoring visits to ensure that the businesses are being run viably. Through linkages created with extension workers and some buyers, PENYA borrowers have access to further training in the production and selling of their produce.

Additional Information

More information about this loan


About Practical Empowerment and Networking Youth Association

Practical Empowerment and Networking Youth Association (P.E.N.Y.A) is a youth-centered non-governmental organization founded and operated by youth since 2008. It works to address socio-economic challenges faced by youth in Zimbabwe by creating partnerships with them, their families, community organizations and government. Additionally, it empowers them through entrepreneurial skills training, savings group formation, support for youth businesses and small business management advice.



P.E.N.Y.A joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.

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 Zimbabwe

  • $400
    Average annual income
  • 0
    View loans »
    Zimbabwe Loans Fundraising
  • $3,269,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Tadii Youth Group's $3,000 loan helped a member to install a drip irrigation kit and buy tomato, onion and kale seedlings for their garden.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 15, 2013
Listed
Jun 5, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014