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Faida Group
In this Group: Kahindo, Simisi, Kungwa, Tami, Kahindo, Masika, Kahindo, Matabaro, Kahambu, Kavira, Therese, Simutaki, Miruho, Nyota, Kahambu, Lokosa, Kavira, Kabuo, Sibatu, Kabuo, Kahindo, Kabuo, Kahindo, Musubao, Nicole, Furaha, Mukindja, Tabu, Kiza, Kahindo
Simisi is the leader and oldest member of the Faida group. She is 70 years old, married, a mother, and a grandmother to several grandchildren. Her husband is without work.

She sells shoes in a local market. She started this business with funds received from her husband and has been doing this for the last five years.

Simisi is facing unpaid accounts and other losses. This new loan is going to permit her to buy thirty pairs of shoes.

In the future, she would like to build a house and save up her money.

Simisi thanks Hekima for their financial support.
View original language description ↓
La cliente Simisi est président et doyenne du groupe Faida. Âgée de 70 ans, Mariée, mère et grand mère de plusieurs petits fils. Son conjoint est sans emploie. La cliente est vendeuse des souliers dans un marché de la place. Elle commença son activité avec son fonds propre reçu de son mari. Il y a 5 ans révolus, elle exerce cette activité. Les défis pour cette cliente, sont les impayés et les pertes divers. Le nouveau prêt va lui servir d’acheter 30 paires de souliers. Dans le futur, elle souhaite construire une maison et accroître son capital. Ainsi, elle remercie Hekima pour son soutien financier.

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
  • 18
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,438,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Faida Group's $6,000 loan helped a member to buy thirty paris of shoes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 14, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013