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Asifiwe Group
In this Group: Mawazo, Bahati, Kanane, Mwamini, Kanyere Tsongo, Ntabanga, Onorine, Bahati, Nyirasafari, Baseme, Batangabaga, Zawadi, Furaha, Bashoshere, Baraka, Mapendo, Mabizimungu, Bushashiri, Balingene, Bahati
Bahati is an entrepreneur and the leader of the business group "Asifiwe". She is 32 years old, married, and the mother of seven children. Her husband is the assistant director of the Chidasa primary school.

Bahati, the client, sells palm oil at the Nyabushongo sector market. She has been in this business for ten years. She started it with $50 received from being a facilitator. This new loan must serve her for one cask of palm oil to sell. In addition, her ambition is to expand her enterprise, to educate her children, and to create a mini hardware store.

Bahati thanks Hekima for its work in favor of the poor who are excluded from traditional banks. It is appropriate to note that the business group "Asifiwe" is composed mostly of women.
View original language description ↓
Bahati est entrepreneur, Leader du groupe d’affaire « Asifiwe », âgée de 32 ans, mariée, mère de 7 enfants. Son mari est un Directeur Adjoint d’une école primaire Chidasa. La cliente est vendeuse d’huile de palme au marché sectoriel Nyabushongo. Il ya 10 ans qu’elle exerce cette activité. Elle démarra son business avec 50$ reçu d’une commission d’affaire dans laquelle, elle a été facilitatrice. Ce nouveau crédit doit lui servir de s’approvisionner avec 1 fus d'huile de palme à marchander. En plus, elle ambitionne agrandir son entreprise, scolariser ses enfants et créer un mini quincaillerie. La cliente remercie Hekima pour ses actions en faveur de pauvres exclus de banque classique. Il sied de signaler que le groupe d’affaire « Asifiwe» est majoritairement féminins.

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.)

  • $119
    Average annual income
  • 9
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,200,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Asifiwe Group's $5,000 loan helped a member to buy one cask of palm oil.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2011
Listed
May 19, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2011