Sifelani is a 25-year-old widowed businesswoman with one child living in the Mwenezi District of Zimbabwe. Since December 2013, she has rented a shop at the local business center where she sells groceries such as sweets, flour, canned beans, peanut butter, salt, biscuits and cornmeal. Sifelani also volunteers at the local school as a Learner Guide, supporting students to receive a quality education by helping them with homework and teaching life skills.
With a Kiva loan, Sifelani will restock her shelves by buying groceries in bulk. This will help raise her income by boosting her profit margins. She also hopes to hire someone to assist her with the business. An increase in income will help her become more financially independent and provide for herself and her one child.
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.