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Spiwe
Spiwe is a 27-year-old mother of three living in the Chikomba District of Zimbabwe. Spiwe inspires many mothers in her community by showing them that it is possible to be financially independent, and to able to take care of family and children on your own if necessary. She started her poultry business in April 2013 after separating from her husband. She currently produces about 120 chickens every six weeks and sells them to the local customers.

Spiwe knows that she could sell more chickens each month, but because all her income is needed to provide for three children, she is unable to spend her current profits to expand her business. With this Kiva loan, she will be able to grow her business by buying more broiler chicks and chick feed to increase production. By growing her business, she will be able to live a more comfortable life and send her children to school.

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
  • 39
    View loans »
    Zimbabwe Loans Fundraising
  • $3,547,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Spiwe to purchase more broiler chicks and chick feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2014
Listed
Mar 30, 2014
Currency Exchange Loss:
N/A
Ended:
Dec 25, 2014