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Fahamu Group
In this Group: Kavira, Bora, Nankafu, Bahungwere, Bujiriri, Kavira, Maneno, Jeaninne, Katungu, Nepanepa, Kavira, Kahambu, Kyakimwa, Kavira, Irene, Mwavita, Munihire, Bahati, Kyakimwa
Nankafu, the borrower and leader of the Fahamu business group, is a 56-year-old businesswoman who is married, the mother of several children, and has grandsons and granddaughters. Her husband is a small storekeeper. She sells clothing (second-hand). She has been undertaking small, income-generating occupations such as this since her youth.

Nankafu has just completed 9 loan cycles with Hekima. Her initial capital came from her husband. This new loan will allow her to provision her business with 5 bales of second-hand clothing and take on other mini-projects for her family. Furthermore, she wishes to see her children grow up comfortably, and to buy a jeep for personal transportation.

Nankafu thanks Hekima for its actions in favor of poor women who are excluded from traditional banks.
View original language description ↓
La cliente Nankafu, leader du groupe d’affaire «Fahamu», est entrepreneur, âgée de 56 ans, mariée, mère de plusieurs enfants et petits fils et filles. Son mari est un petit commerçant. Elle est vendeuse de vêtements (friperie). Elle exerce ces petites activités génératrices de revenus de ce genre depuis sa jeunesse. Cependant, elle vient de réaliser 9 cycles avec crédit de Hekima. Son premier capital fut reçu de son mari. Ce nouveau crédit doit lui servir de s’approvisionner avec 5 ballons de friperies et réaliser d’autres micro projets de la famille. En plus, elle souhaite voir ses enfants grandir confortablement et acheter une jeep pour son déplacement personnel. La cliente remercie Hekima pour ses actions en faveur de pauvres femmes exclues de banque classique.


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
  • 7
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,942,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Fahamu Group's $5,000 loan helped a member to purchase 5 bales of second-hand clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2011
Listed
Sep 25, 2011
Currency Exchange Loss:
N/A
Ended:
Feb 22, 2012