Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Status Update - April 21, 2015
Camfed Zimbabwe is currently experiencing a higher than usual delinquency rate as a result of several factors affecting borrowers:
In early 2015, parts of Zimbabwe suffered from intense flooding and currently severe drought is affecting almost two-thirds of the country. This has resulted in unexpected emergency expenditures and reduced income for both Camfed Zimbabwe borrowers and their customers, many of whom rely on agriculture for their livelihood.
A countrywide reduction in the income and buying power of teachers across Zimbabwe has also affected many Camfed Zimbabwe borrowers because teachers are among their core clientele.
Many of Camfed Zimbabwe loans are being made to young women borrowers who have just started their first businesses. As they develop their entrepreneurial skills, they are still learning to achieve on-time payments.
Camfed is establishing best practices in delinquency management through this experience.  Kiva continues to work closely with Camfed during this time, and will updated lenders as the situation changes. 

Partner Description:

Campaign for Female Education (Camfed) is an international nonprofit organization 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. Founded in the UK and Zimbabwe 20 years ago, Camfed’s Model is one of partnership – with government departments, schools, traditional and civic authorities, parents and children – through which communities design and drive solutions that advance educational, social and economic progress.

The organization operates in five African countries: Zimbabwe, Ghana, Malawi, Tanzania and Zambia. In 2012, Camfed improved the educational status of over 2 million children and young people through a network of 4,743 schools. Alongside direct support to girls and vulnerable boys to go to school, Camfed invests in improving the quality of education through resources and child protection and teacher training initiatives. This is particularly impactful in Africa, where the reluctance of many urban-educated teachers to take jobs in rural communities for long periods and the dearth of rural-educated teachers undermines the quality of the rural school system.

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Kiva lenders’ funds are used to help women living in rural Zimbabwe to expand their businesses, become more self-reliant, and simultaneously help young girls access quality education. In exchange for receiving capital and business support to establish profit-making enterprises, women borrowers will commit to repaying in social capital as volunteer teaching assistants in local high schools. Borrowers will teach girls Math, English and a Wellbeing Curriculum that covers critical skills including decision-making, problem solving, leadership, entrepreneurship, resilience, communication skills and empathy. In this way, Camfed borrowers will thus pay the “interest” on their loan in the form of social change.

Camfed’s impact:

The girls Camfed supports are identified by their communities based on need and potential. The organization helps them at every stage of their development, from primary school through adulthood. Its comprehensive programs enable girls to get into school, excel academically and maximize the value of their education after they graduate. By helping the most vulnerable and marginalized members of a community, Camfed is able to help develop school environments that benefit all students.

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Camfed begins by providing the school fees, supplies and uniforms that many girls’ families can’t afford. Through its extended network -- including trained school mentors -- the organization ensures that girls are fully supported emotionally and academically. This is especially vital for children who have been orphaned or are the heads of their households. After they graduate from secondary school, Camfed helps them learn how to manage money and launch small businesses. Finally, it offers them the ability to join the Cama alumni network. Cama members share a common commitment to supporting each other and giving back to their rural communities as leaders, trainers, entrepreneurs, health activists, students, professionals and champions of information and communications technology.

Awards and honors:

As part of its 800th anniversary celebration, the University of Cambridge named Camfed as its Charity of the Year. Camfed USA earned the highest rating awarded by Charity Navigator for its efficient financial practices. Additionally, former Camfed bursary recipient Abigail Kaindu was appointed as one of 10 global youth advocates to the United Nations Secretary General's Youth Advocacy Panel, part of a new Education First Initiative to put every child in school.

Images courtesy of Camfed.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Aug 15, 2013 Oct 12, 2005
Total Loans $895,500 $685,893,775
Amount of raised Inactive loans $0 $714,575
Number of raised Inactive loans 0 470
Amount of Paying Back Loans $460,000 $128,930,950
Number of Paying Back Loans 858 143,247
Amount of Ended Loans $435,500 $556,248,250
Number of Ended Loans 860 693,978
Delinquency Rate 90.35% 6.40%
Amount in Arrears $185,394 $5,340,749
Outstanding Portfolio $205,196 $83,410,037
Number of Loans Delinquent 820 16,969
Default Rate 0.12% 1.10%
Amount of Ended Loans Defaulted $507 $6,120,310
Amount of Ended Loans $435,500 $556,248,250
Number of Ended Loans Defaulted 2 18,792
Currency Exchange Loss Rate 0.00% 0.21%
Amount of Currency Exchange Loss $0 $1,442,588
Refund Rate 1.40% 0.69%
Amount of Refunded Loans $12,500 $4,737,225
Number of Refunded Loans 25 5,262

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 100.00% 74.26%
Average Loan Size $521 $416
Average Individual Loan Size $521 $655
Average Group Loan Size $0 $1,838
Average number of borrowers per group 0 8
Average GDP per capita (PPP) in local country $400 $3,378
Average Loan Size / GDP per capita (PPP) 130.24% 12.32%
Average Time to Fund a Loan 9.18 days 6.11 days
Average Dollars Raised Per Day Per Loan $56.78 $68.13
  Average Loan Term 6.68 months 10.68 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 2,436 338,342
  Journaling Rate 97.21% 41.55%
  Average Number of Comments Per Journal 0.00 0.07
  Average Number of Recommendations Per Journal 0.00 1.64

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 0% APR 59.00% PY 32.11% PY
  Profitability (return on assets) -0.3% N/A -1.96%
  Average Loan Size (% of per capita income) N/A 138.00% 19.61%

Country Fast Facts

Field Partner Staff

Elizabeth Falcon
Sinikiwe Makove
Alan Mathers
Gabriela Perry
Luxon Shumba
Sandra Spence

Kiva Fellow(s)

Alan Mathers