Ruvarashe is a 25-year-old businesswoman. She is divorced with three children and lives in the Nyaminyami district of Zimbabwe. She is a source of inspiration to most young people in her community because she is determined to succeed. She often volunteers at the local secondary school as a Camfed Learner Guide and helps with the cleaning of the school.
Ruvarashe operates a grocery shop at her local business center selling sugar, cooking oil, rice, flour, washing soap, soft drinks, and snacks. She hopes to expand her business into a retail shop if profits allow. Ruvarashe will use the Kiva loan to purchase her products in bulk, boosting the sales and volume of profits. With the additional income, her wish is to send her children to boarding school.
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.