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Anonymous Group
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This client is the president of the loan association Espoir. A brave and tireless woman and an entrepreneur, she is 60 years old, divorced, and the mother of seven children. Among the births, there are twins. All of the children have their own homes already.

She sells "mandale", a local beverage. She started her business with her own funds from her husband before they divorced. Then she benefited from an initial loan as additional funding around 2008 from the microfinance institution Hekima. She says that this business has brought up her children, that is, the profits from her business went toward savings, food, and schooling costs.

She makes her sales out of her home. However, she just obtained her 12th loan. This client decided to reduce the loan amount because a financial crisis is looming. This new loan must serve to supply her with the ingredients for making "mandale" drink (2 sacks of corn, sorghum, etc.) In addition, her ambition is to buy more plots of land for her children.

This client thanks Hekima and her partners for their actions helping poor women with low incomes to become autonomous.
View original language description ↓
La cliente est présidente l’association de crédit Espoir, Femme courageuse, infatigable, entrepreneur, âgée de 60 ans, divorcée, mère de 7 enfants, parmi ces naissances, il ya des jumeaux. Tous ses enfants ont déjà leurs propres foyers. Elle est vendeuse de Jus local Mandale. Elle commença son business avec le fonds propre reçu de son mari avant qu’ils divorcent. Alors, elle bénéficia le premier crédit de l’IMF Hekima pour fonds additionnels vers les années 2008. Dit-elle, cette activité a fait grandir ses enfants, c’est à dire les bénéfices de son activité servent d’épargne, d’alimentation et scolarité. Elle vend son produit à son domicile. Cependant, elle vient d’obtenir son 12eme cycle de crédit. La cliente a décidé de réduire son montant de crédit suite à la crise financière qui profile à l’horizon. Ce nouveau crédit doit lui servir d’approvisionner des matières premières de production Jus Mandale (2 sacs de maïs, sorgho, etc.). En plus, elle ambitionne acheter d’autres parcelles pour ces enfants. La cliente remercie Hekima et ses partenaires pour les actions d’autonomisation de pauvres femmes à faible revenu.

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 Anonymous Group's $3,275 loan helped a member to buy ingredients (2 sacks of corn, sorghum, etc.) for making a local drink.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2012
Listed
May 11, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2012