Ireen is a 35-year-old single mother with a 14-year-old daughter. She lives in a fishing community on the shores of Lake Kariba in the Nyaminyami District of Zimbabwe. Since 2007, she has been running a business of buying and selling shoes, jewelry, shirts, skirts, and travelling bags. Ireen also serves as the leader of her local Cama chapter and volunteers as a Community Health Trainer providing basic health information to students and to other members of her community.
With the loan, she plans to purchase more shoes, jewelry, shirts, skirts, and travelling bags to increase her stock. She is hoping to expand her business and use the proceeds to enroll her daughter in a good school and manage to pay the school fees required.
More information about this loan
Young women who live and work in the most impoverished, rural districts of Zimbabwe have very limited income, lack collateral and cannot access loans at affordable rates
Camfed's borrowers are young women who live and work in these remote rural areas and belong to the Cama network (the association of Camfed alumni). Most Cama borrowers will have received money management and business training through Camfed’s programs for young women who have completed high school. Borrowers will repay interest upon their loans as a "social interest" - through their volunteer efforts to enhance the quality of the education provided by their local schools.
Borrowers commit to contribute a minimum of 2.5 hours per week as volunteers. As Learner Guides, they will lead students through a new wellbeing curriculum that helps develop students’ skills and capacities for decision-making, problem solving, leadership, entrepreneurship, resilience, communication, and empathy.
The Campaign for Female Education (Camfed) is an international nonprofit organization operating in five countries in Africa that focuses on eradicating poverty in rural Africa by investing in education for girls and supporting the economic self-reliance and leadership of young women. Camfed provides support for the long-term, working with individuals from primary to high school, and through the Cama empowerment and community outreach group.
Kiva lenders’ funds are used to link women living in rural Zimbabwe to the capital they need to expand their businesses, support their families and contribute to their communities.