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Dorcas
Dorcas is a 33-year-old businesswoman. She is married with three children. She lives in the Nyaminyami District of Zimbabwe where she has been successfully operating a flea market for over a year and a half. Dorcas initially started the business to raise income for her family and send her children to school. When she is not at the flea market she does volunteer work helping the elderly and running a Child Abuse Awareness campaign Programme in local schools. With the requested loan, she intends to expand her business into a large boutique. With the profits she wishes to provide for her family and hopes to create employment within the community.

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

  • $400
    Average annual income
  • 0
    View loans »
    Zimbabwe Loans Fundraising
  • $3,221,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $500 helped Dorcas to purchase more stock of clothes for her clothing sales business.
92% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 20, 2014
Listed
Jul 19, 2014
Currency Exchange Loss:
N/A