Gladys is a 20-year-old businesswoman from the Shurugwi District of Zimbabwe. She has been selling clothes, shoes, and blankets for six months now. She was encouraged by other Cama (Camfed's alumnae organization) members to venture into entrepreneurship so that she could look after herself and her siblings. Gladys also volunteers as a Camfed Learner Guide and assists school children with their studies every week. With the Kiva loan, Gladys intends to purchase more clothes, shoes, and blankets from wholesalers. This will help her maximize sales and profits. With the additional profits, Gladys intends to further her education. She would like to enroll in a teachers’ college and train to become a primary school teacher.
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.
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.