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Marvelous
Marvellous is 25 years old, married and the mother of two children. In her community in the Wedza District of Zimbabwe, she runs a general store where she sell various products such as clothes, groceries and farming equipment. She is also the National Chairperson of the Cama network, which serves all of Zimbabwe. She started her business in 2008 after finishing high school, and it has allowed her to provide for her family and pay her children’s school fees. Marvellous is requesting this loan to expand the stock of clothes, groceries and farming equipment she has to sell. She hopes to secure a stable source of income to sustain her family and ensure that her children complete school because she appreciates the value of education.

Additional Information

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. 

About Camfed

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.

About Zimbabwe

  • $2,000
    Average annual income
  • 47
    View loans »
    Zimbabwe Loans Fundraising
  • $3,569,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Marvelous to buy more items to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2013
Listed
Nov 1, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014