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Total loan: $3,475

Msingi Group

Flag of The Democratic Republic of the Congo
Bukavu, Sud Kivu Provice, South-Kivu, Congo (DRC) / Retail

Msingi Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to purchase a supply of 5 sacks of charcoal and 2 cans of oil to strengthen her initial capital.

Msingi Group's story

Cecile is a client of the microfinance institution Hekima and is group representative of the banque villageoise Msingi. She is 56 years old, married and has seven children who are all enrolled in school. Her partner is a teacher.

She established her business selling charcoal three years ago, using start-up funding she received from the Hekima program to support her business, which has been developing progressively. With this new loan, she will buy a supply of 5 sacks of charcoal and 2 cans of oil, which will strengthen her initial capital. Her business does not present any problems.

She would like to buy a plot of land on which to build a house.

Finally, she wishes to thank Hekima and its partners for the support shown to business owners without access to traditional banking facilities in the context of the global crisis caused by covid-19.

The photo shows only the group representative because of covid-19 restrictions.