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Sarepta Group
In this Group: Nyanguba, Ntaliboba, Mishona, Bonganwa, Anastasie, Françoise, Marie-L, Barumbi, Rose, Mwashani, Uwimana, Vumilia, Tshidiki, Valérie , M'mugangiri, N'koba, Kizanye, Mulewa, Masika, Imoa, Sifa, Yalala, Nsimire, Angele, Mwamini, Faustin, Baraka, Anto
Valérie is a dynamic, entrepreneurial trader, a counsellor and a member of the business group 'Sarepta'. She is fifty-eight years old and has five children who all attend school.

She sells various food products from a small food shop in her busy local neighbourhood, and has built up a good customer base over her six years in business. Valérie started her business with money provided by her husband, and has since worked with the field partner, Hekima.

Valérie will use her loan to buy 3 sacks of wheatflour, 1 sack of sugar, 2 cartons of milk, 1 carton of wine, 3 cartons of juice, 2 cartons of fresh water and 40 litres of oil. She hopes this will enable her to increase her working capital, and educate and feed her children.

Finally, Valérie is very grateful to Hekima for encouraging the independence of small entrepreneurs who are excluded from the traditional banking system. This is particularly important in this difficult, post-conflict time in the east of the country.
View original language description ↓
La cliente Valérie est une commerçante, conseillère et membre du collectif d’affaires «Sarepta», entrepreneur, dynamique, âgée de 58 ans et mère de 5 enfants, qui tous étudient. Elle est vendeuse des divers produits d’alimentation. Elle installe sa marchandise dans une mini alimentation à son domicile dans un Quartier animé, où, elle a su gagner sa clientèle. Elle commença ses affaires avec le premier capital reçu de son mari. Plus tard, elle bénéficia le prêt de l’IMF Hekima. Elle y a 6 ans qu’elle exerce cette activité. Ce nouveau prêt va la servir d’acheter 3 sacs de farine de format,1 sac de sucre, 2 cartons du lait, 1 carton de vin, 3 cartons de jus, 2 cartons d’eau vive, 40 litres d’huile, etc. Ainsi, elle souhaite accroitre son capital, scolariser et nourrir ses enfants. Au finish, elle remercie fortement Hekima pour l’autonomisation des petits entrepreneurs exclus du système bancaire classique, surtout; pendant ce moment difficile post conflits dans la région de l’Est du pays.

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
  • 17
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,440,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Sarepta Group's $3,425 loan helped a member to buy 3 sacks of wheatflour,1 sack of sugar, 2 cartons of milk, 1 carton of wine, 3 cartons of juice, 2 cartons of fresh water and 40 litres of oil for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2014
Listed
Feb 11, 2014
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014