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Ishara Group
In this Group: Kavira, Kavira, Apoline, Nsamba, Nyirama, Amida, Byasasa , Masika, Mariamu , Kyakimwa, Nongo, Masika, Kavira, Masika, Kahambu, Kavira, Kavira, Atosha, Riziki, Mukeshimana, Nairo, Kabuo, Rehema, Fatuma, Mutume, Mwanvua, Arida, Lomango
Kavira E. is an entrepreneur and the president of the group Ishara. She is 38 years old, widowed and the mother of seven fatherless children. Her husband died recently, following a brief illness.

She has a small business selling a variety of goods in Kampala; she also sells the local drink "Madrakwa". She started her business when she was still young with a small loan, initiated by her mother. She obtained a loan of $50 from the micro-finance institution (MFI) Hekima in 2007. She has set-up her business at home. This new loan will be used to purchase supplies for the production of the local drink "Mandrakwa", which is made with maize and sorghum. The rest of the loan will be used for goods for her general store business, increasing the volume and value of its stock of goods. Additionally, she hopes to have a display for her shop.

Kavira Elizabeth thanks the MFI Hekima for its work helping poor people who are are excluded from traditional banks. It should be noted that her group Ishara is comprised of 28 members.
View original language description ↓
Kavira E. est entrepreneur, présidente du groupe Ishara, âgée de 38 ans, veuve, mère de 7 enfants orphelins de père.Son mari est décédé dernièrement suite à une courte maladie. Elle fait le petit commerce de vente de divers issus de Kampala. Elle vend aussi la boisson locale Madrakwa. Elle commença son business dans sa petite jeunesse avec son fonds propre, initiée par sa mère. Elle bénéficia de crédit de l’IMF Hekima de 50$ en 2007. Elle installe ses produits à son domicile. Ce nouveau crédit doit lui servir de s’approvisionner avec les intrants de production boisson locale Mandrakwa (maïs, sorgho), le reste sera injecté dans le commerce de divers pour augmenter le stock en volume et en valeurs. En plus, elle ambitionne avoir une boutique d’exposition. La cliente Kavira E. remercie Hekima pour ses actions en faveur de pauvres exclus de banque classique. Il sied de signaler que le groupe Ishara est composé de 28 membres.

Additional Information

More information about this loan


Important Information

HEKIMA 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.

About Congo (Dem. Rep.)

  • $700
    Average annual income
  • 6
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,618,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Ishara Group's $5,000 loan helped a member 2 sacks of maize, 1 sack of sorghum and goods for a general store etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2010
Listed
Nov 25, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011