Update on LetticiaLeticia has managed to enlarge the size of her vegetable garden from one eighth of an acre to a quarter of an acre since she received her Kiva loan. As a result, her sales have also increased. Leticia sells produce from her thriving tomato and bean garden mostly to nearby schools and church gatherings. She has also started a poultry business and keeps a hundred chickens.
These businesses have enabled her to make enough profits to pay school fees for her son and seven nieces. Since Leticia’s father passed away, she has been the family’s primary breadwinner. Leticia continues to care for her widowed aging mother and her late sisters’ seven children. Her mother testified that the family is now eating well since Leticia’s garden and poultry business is bringing in enough money for her to support all of them. She has even bought seven goats which she intends to breed and sell for meat. She did however have a small portion of her vegetables destroyed by parasites and has challenges with customers who buy items on credit and fail to pay their credit back on time. Leticia aspires to open a shop at the main market and also sell groceries in addition to the vegetables and chickens she currently sells.
Previous Loan DetailsLetticia is 35 years old and married. She lives in the district of Wedza in Zimbabwe. For two years she has been engaged in market gardening, providing a wide range and steady supply of fresh produce such as vegetables, tomatoes, carrots and onions throughout the local growing season. Letticia… More from Letticia's previous loan »
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 CamfedThe 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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