x

RSS Newsfeeds

See all RSS Newsfeeds

Global Regions

Africa ( XML Feed )

Mar 17, 2017 1:14 PM ET

Zimbabwe: Christine: A loan of $500 helps to purchase a variety of seedlings and chemicals.

iCrowdNewswire - Mar 17, 2017

Christine

Zimbabwe
 
 
Borrower image
 

A loan of $500 helps to purchase a variety of seedlings and chemicals.

Christine’s story

Christine is a 23-year-old who does market gardening. She lives with her parents in Shurugwi district. Her work involves doing her market gardening at her home, in order to pay school fees for herself and help her extended family, too.

As a volunteer Camfed Learner Guide, she leads life skills sessions with students at her local secondary school, covering active citizenship and personal confidence.

She is now requesting a Kiva loan in order to purchase a variety of seedlings and chemicals. Christine plans to use the profits she earns to pursue her dream of owning a large shop in two years’ time and to continue providing excellent customer service. The interest on her “social-interest” loan will be repaid through Christine’s weekly two and a half hours of volunteering, which are so valuable for Camfed’s younger students.

This loan is special because:

It is a 0% interest loan for young women with new businesses.

Rachel Lewis
Kiva staff

More 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. 

About Camfed Zimbabwe:

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.

Contact Information:

Christine

View Related News >
support