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Alfa
Alfa is a 19-year-old woman who lives in the town of Chikomba West, Zimbabwe.

Alfa is an aspiring entrepreneur running a home-based hair salon. She started this business when she finished school. She acquired training and experience from working in her friend’s hair salon, but she wanted to be financially independent as a woman and be in a better position to empower other young women like her. She has successfully run the business for 6 months and would love to expand it. She inspires young women in her community as an entrepreneur and a devoted carer for the elderly. She would like to move the business to the growth point and increase her customer base.

The loan will enable her to open her own hair salon and purchase a hair dryer, rollers, ceramic iron or tongs and hair products needed in her salon. Her hope is to provide for her family and improve her standard of living.

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.

Tags

About Zimbabwe

  • $2,000
    Average annual income
  • 0
    View loans »
    Zimbabwe Loans Fundraising
  • $3,458,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Alfa to open her own hair salon and purchase equipment and hair products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2014
Listed
Mar 30, 2014
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014