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Chance Group
In this Group: Emmanuel, Jacqueline, Nyamulongani, Mwaka, Kanyere, Rebeka, Nyirabunore, Mimulagana, Selemani, Julie, Musaga, Josephine, Mirindi, Nkuzi, Nkurasi, Nyalumya, Mihako, Esperence, Kamala, Bwira, Syayira, Muchanga, Francine, Judith, Cikuru, Mugenzi, Lunyere, Birindwa, Muduha, Chirwisa, Buyayalo, Kafumba, Batandi, Mihigo, Mapendano, Maliasha, Rebeca
This client, Mwaka, has been a merchant for ten years and a member of a business association "Chance". She is 32 years old and a mother of four children, of whom two are students and two others are still very young. Her husband is a soldier in the loyalist army. Mwaka is a vendor of charcoal and cassava flour. She started her business with funds from her mother. She is setting up her business in a warehouse at the city market and is requesting a loan from Hekima to increase her business. She is going to purchase 10 sacks of charcoal and 5 sacks of cassava.

For the future, Mwaka plans on raising livestock. For her family and children, she plans on providing education, clothing, and food.

She thanks Hekima for its support of unbanked women entrepreneurs by according them loans during this time of conflict in the country's east. It should be noted that a few of the clients are carrying their babies.
View original language description ↓
La Cliente Mwaka est une commerçante depuis 10 ans est membre d’une Association d’Affaires « Chance », âgée de 32 ans et mère de 4 enfants dont 2 étudient et 2 autres sont encore gosses. Elle est vendeuse de braise et de farine de manioc. Elle étale ses activités dans un dépôt du marché de la ville. Elle sollicite un prêt auprès de Hekima pour accroitre son activité. Elle va acheter 10 sacs de braise et 5 sacs de manioc. Son conjoint est un militaire de l’armée loyaliste. Elle démarra ses affaires avec le fonds reçu de sa maman. Dans l’avenir, elle compte faire l’élevage pour sa famille, scolariser, vêtir et nourrir ses enfants. Elle remercie Hekima pour son soutien aux femmes entrepreneurs non bancables, en leur accordant de crédit pendant, ce moment de conflit dans la région de l’Est du pays. Il seid de signaler quelques clientes portent leurs bebes.

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.

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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 Chance Group's $6,475 loan helped a member to purchase charcoal and cassava.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 3, 2013
Listed
Dec 12, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014