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Ishara Group
In this Group: Josephine, Elisabeth, Marie Rose, Nsamba, Nyamwigura, Amida, Nsimire, Mariamu, Adolphine, Masika, Batayo, Atosha, Naino, Mapendo, Rehema, Fatuma, Mwavua, Masika, Atoinette, Mikano, Safi, Uwase, Bushikwabo, Nyiramugwera, Mwavita, Josephine, Mangumangu, Asha, Tabu
Elisabeth is an entrepreneur and president of the Ishara group. She is about 39 years old, widowed, and mother of seven children. Her husband died after a brief illness.

Elisabeth sells Madrakwa (the local juice) as well as various other items. She started her business in her youth, with her own money. Her mother taught her about business. Around 2007, she received a loan from the MFI, Hekima, to increase her captial. She sells her goods from home.

This new loan will enable her to stock up on the production inputs for making Mandrakwa (corn, sorghum, etc.). The rest will be used to increase her stock of other items. In addition, she hopes to open her own shop. Elisabeth would like to thank Hekima for all of the work they do to help poor people excluded from the classic banking system.
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La cliente Elisabeth est entrepreneur, présidente du groupe Ishara, âgée d'environ 39 ans, veuve, mère de 7 enfants. Son époux fut décédé suite à une courte maladie. La cliente est vendeuse de jus local Madrakwa. Elle est vend aussi des articles divers. Elle commença son business dans sa petite jeunesse avec son fonds propre. Elle fut initiée par sa mère. Elle bénéficia de crédit de l’IMF Hekima vers les années 2007 pour renforcer son capital. Elle installe ses produits à son domicile. Ce nouveau crédit doit lui servir de s’approvisionner avec les intrants de production de jus local Mandrakwa (mais, sorgho, etc.), le reste sera injecté dans le commerce de divers pour augmenter le stock. En plus, elle ambitionne avoir une boutique d’exposition. La cliente remercie Hekima pour ses actions en faveur de pauvres 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
  • 18
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,687,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Ishara Group's $4,025 loan helped a member to buy production inputs for Mandrakwa, the local juice (corn, sorghum, etc.).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2012
Listed
Sep 10, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013