She opened up her little business with her own money that she had received from her husband. This working capital allowed her to buy a container of oil worth $13. She sells palm oil in a little market in the populous neighborhood of TMK. On Mondays and Thursdays she goes to the big market of Kituku, 15 km from the town of Goma. She has been selling palm oil for 13 years.
With the loan from the micro-finance institution Hekima, Ngabo M. Y. wishes to increase her sales by buying 20 jerrycans of palm oil. In future, she plans to stop doing her buying in Goma and go directly to the production centre in OICHA, a rural town in the far north of North Kivu province, and in the long run, she hopes to build a comfortable house. She also intends to buy a vehicle for the transport of her merchandise, and to invest in chicken-farming as well.
Ngabo M. Y. thanks the MFI Hekima for the loans that she receives without any tangible assets as collateral because it is due to these loans that she manages to support her children.
The Tuchukuliane group is composed of 14 members, mostly women.
Elle a commencé son petit commerce avec son fonds propre reçu de son mari. Ce capital lui a permis d’acheter un bidon d’huile d’une valeur de 13$. Son business est de vendre l’huile de palme dans un petit marché du quartier populaire TMK . Notons que le lundi et le jeudi de chaque semaine elle se déplace vers le grand marché de Kituku à 15 km de la ville de Goma. Il y a 10 ans qu’elle exerce cet activité de vente d’huile de palme.
Avec le crédit de l’IMF Hekima, Ngabo M. Y. souhaite augmenter son chiffre d’affaire en achétant 20 bidons d’huile de palme .
Dans l’avenir, elle planifie de ne plus s’approvisionner à Goma et aller directement au centre de production à OICHA, cité rurale du grand nord de la province du Nord Kivu, et à la longue construire confortablement sa maison. Elle compte egalement achéter un véhicule pour le transport de sa marchandise, mais aussi investir dans l’élèvage de poules.
Ngabo M. Y. rémércie l’IMF Hekima pour les crédits qu’elle reçoit sans aucune garantie matérielle car grace à ces crédits, elle parvient à subvenir aux besoins de ses enfants.
Ce groupe Tuchukuliane est composé de 14 membres majoritairement femmes.
More information about this loan
Important InformationHEKIMA is a microfinance institution headquartered in Goma, Democratic Republic of the Congo (DRC), with branch offices in Goma and Bukavu. HEKIMA aims to contribute to the transformation of the economic, social, and spiritual lives of the economically active poor of the DRC. To this end, HEKIMA provides its clients with solidarity group loans to support income-generating activities. Despite ongoing instability and violence in its operating areas, HEKIMA continues to keep its doors open and provide credit and savings services for its over 90% female clientele.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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