Grace is a 37-year-old widow with five children. She lives in the Wedza District of Zimbabwe, and operates a fruit and vegetable stall at the local business center. She sells apples, bananas, oranges, cabbages, and tomatoes. Grace started the business four years ago after receiving a grant from Camfed. She is very proud of the growth that she has achieved so far. In addition to her business endeavors, Grace leads weekly counselling sessions to students as a Camfed Learner Guide . She is also very encouraging of other young women in the community who wish to start their own businesses. Grace will use the Kiva loan to buy apples, bananas, oranges, cabbages, and tomatoes for the current stall and would like to open another stall, as well.
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.