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Anonymous Group
In this Group: Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous
This client, is the president of the group La Victoire. She is 48 years old, married, and a mother of eight children. Her husband is unemployed. Her oldest child is 26 years old, and the youngest is 8. All of the children are students.

For 26 years, Faida has had a small business selling Primus beer and Fanta. She started with her own funds from her father. She just completed 17 cycles with the Hekima micro-loan program. She displays her merchandise at her home and sometimes on the roadside. Her major obstacle is that she makes her sales in the national currency (Congolese franc), which has sometimes experienced losses in exchange with the dollar.

With this new loan, Faida is going to stock up with 50 cases of Primus and Fanta. The rest of the money will be used for investments. She wishes to see her children finish their studies and to expand her business.

This client bravely salutes the microfinance institution Hekima for its actions favoring poor women excluded from traditional banks.
View original language description ↓
La cliente est présidente groupe la Victoire, âgée de 48 ans, mariée, mère de 8 enfants, son mari est chômeur. Son fils ainé a 26 ans et le cadet a 8 ans et tous étudient. Il y a plus 26 ans qu’elle exerce le petit commerce de vente de la bière Primus et Fanta. Elle commença avec ses fonds propre reçu de son père. Elle vient de réaliser 17 cycles dans le programme de microcrédit de Hekima. Elle expose ses marchandises à son domicile et parfois sur le long de la route. Le grand obstacle est qu’elle vend en monnaie nationale (franc congolais), qui connait parfois de perte de change avec la devise (dollars). Avec ce nouveau crédit, elle va s’approvisionner avec 50 casiers de Primus et Fanta et le reste d’argent sera affecté dans l’investissement. Elle souhaite voir ses enfants finir les études et agrandir son activité. La cliente salut courageusement l’IMF Hekima pour ses actions en faveur de pauvres femmes exclus 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
  • 28
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,030,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Anonymous Group's $4,550 loan helped a member to buy 50 cases of Primus and Fanta, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2012
Listed
Jun 8, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012