Check out some available loans that are similar to this one!
Abigaël Group
In this Group: Penina, Mbombo, Balibulu, Malekera, Neema, Louise, Mwandaza, Maroyi, Gisele, Esperance, Angele, Marie, Buhendwa, Anna, Noella, Mweze, Nyabyenda, Aisha, Chiza, Migabo, Anosiata, Fazili, Munyerenkana, Balamire, Noella, Kamari, Kamaka, Aline, Nukera
The client Mbombo is the representative for the Abigaël Group credit association. She is a senior member, a courageous entrepreneur, experienced, 57 years of age, and the mother of four children, some of whom have already founded their own homes. Her husband is a driver.

The client is selling the chikwange (fermented cassava), a purely Congolese meal. She started her business with funds she received from her husband about 18 years ago. This new loan will be used to buy cassava (the essential ingredient for manufacturing chikwange). Selling on credit is a major obstacle to the development of her business. In the future, Mbombo wants to expand her business and educate her grandchildren. She is thankful to Hekima for their micro loan support of women entrepreneurs.
View original language description ↓
La cliente Mbombo est leader du groupe de crédit « Abigaël » doyenne, entrepreneur courageuse, expérimentée, âgée de 57 ans et mère de 4 enfants, parmi les quels certains ont déjà leurs propres foyers. Son conjoint est un chauffeur. La cliente est vendeuse des Chikwange (pattes), un repas purement congolais. Elle commença cette activité avec le fonds reçu de son mari, il y a environ 18 ans. Ce nouveau prêt va lui servir d’acheter des maniocs (intrant de fabrication de chikwange). La vente en crédit est un obstacle majeur pour le développement de son activité. Dans le futur, elle souhaite agrandir son entreprise, scolariser ses petits fils. Ainsi, elle remercie Hekima pour son soutien en micro crédit aux femmes entrepreneurs.

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
  • 7
    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 Abigaël Group's $2,825 loan helped a member to buy cassava (the essential ingredient for manufacturing chikwange).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2013
Listed
Jun 24, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013