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Anonymous Group
In this Group: Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous
The client, a counsellor in the "Goshen" credit group, is a very brave entrepreneur. She is a 32 year old widow, and mother of 5 young children who all attend school.
She is a seller of foodstuffs (beans, flour). Her husband died unexpectedly following a short illness. She offers her merchandise in the little local market, sometimes along the street leading to the big avenues.
She began her business with her own capital - funds raised from the sale of her equipment (TV, radio, telephone). Later, she benefited from additional funds in the form of a $50 loan from the micro-finance institution (MFI) Hekima. She has been undertaking these sorts of little income-generating activities for three years now. However, she has recently completed three loan cycles, taking advantage of the microcredit program from Hekima.
Insecurity in the interior of the region is a threat to the development of her business. This new loan will be used by her to buy 2 sacks of beans, and the rest of the funds will be put towards the children's education. She wishes to see the children grow up, and to build a decent home.
The borrower thanks Hekima for its focus on poor women, leading to their economic and financial emancipation.
View original language description ↓
La cliente, conseillère de l’association de crédit « Goshen », est un entrepreneur très courageuse, âgée de 32 ans, veuve, mère de 5 jeunes enfants qui étudient tous. Elle est vendeuse des denrées alimentaires (haricots, farines). Son mari est inopinément décédé suite à une courte maladie. Elle installe ses marchandises dans le petit marché sectoriel, parfois sur le long de la rue donnant axer aux avenues. Elle commença son business avec son fonds propre, alors fond issu de la vente de ses appareils (TV, radio, téléphone). Plus tard, elle bénéficia un fond additionnel de crédit de 50$ de l’IMF Hekima. Il y a 3 ans révolus qu’elle exerce ces petites activités génératrices de revenus de ce genre. Cependant, elle vient de réaliser 3 cycles en profitant du programme de microcrédit de l’IMF Hekima. L’insécurité dans l’intérieur de la province constitue une menace pour le développement de ses activités. Ce nouveau crédit doit lui servir de s’approvisionner avec 2 sacs de haricots, et le reste d’argent sera affecté dans la scolarité des enfants. En plus, elle souhaite voir ses enfants grandir, construire honorablement une maison. La cliente remercie Hekima pour ses actions dédiées de pauvres femmes pour leur émancipation économique et financière.

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
  • 0
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,917,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Anonymous Group's $2,650 loan helped a member to purchase 2 sacks of beans.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2012
Listed
Jun 4, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2012