Check out some available loans that are similar to this one!
Staff La Frontière Sf Group
In this Group: Muhindo, Dawaya, Mukangahe, Masirika
Masirika has been a seamstress for the past 10 years and is a member of the "Staff la Frontiere SF" business group. She is 37 years old, married and the mother of seven children who are all studying. She sells sewing materials and is shareholder of a workshop.

She is requesting a loan from Hekima to expand her business. This new loan will serve to buy new equipment (fabric and one sewing machine) and provide support to her husband. She started with funds received from her husband.

In the future she wants to build a large, renowned workshop, and educate, feed and provide medical care for her children.

She thanks Hekima for its support to women entrepreneurs by providing credit loans without collateral.
View original language description ↓
La Cliente Masirika est une Couturière depuis 10 ans et membre d’un groupe d’Affaires «Staff la Frontière SF» âgée de 37 ans, mariée et mère de 7 enfants qui tous étudient. Elle est vendeuse des matériels de couture et sociétaire d’un atelier. Elle sollicite un prêt auprès de Hekima pour accroitre son entreprise. Ce nouveau prêt va la servir pour acheter des nouveaux matériels (Tissus et 1 machine à coudre)et s’entraide avec son mari. Elle démarra avec de fonds reçu de son mari. Dans l’avenir, elle souhaite construire un atelier de grande renommé, scolariser, nourrir et assurer les soins médicaux de ses enfants. Elle remercie Hekima pour son soutien aux femmes entrepreneurs en leur accordant de crédit sans garantie matérielle.

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.

Tags

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 Staff La Frontière Sf Group's $4,000 loan helped a member buy new equipment (fabric and one sewing machine).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2014
Listed
Apr 16, 2014
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014