Total loan: $6,000

Tosa Group

Flag of The Democratic Republic of the Congo
Goma, North Kivu province, North-Kivu, Congo (DRC) / Retail

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

A loan helped to purchase wood planks, which will strengthen her startup capital.

Tosa Group's story

Mrs. Sifa is a client of the MFI [microfinance institution] Hekima and leads the local Tosa Group. Mrs. Sifa is 33 years old, married, and the mother of five children, four of whom attend school and one of whom is too young yet. Mrs. Sifa's partner is a shopkeeper.

Mrs. Sifa sells boards. She began this business eight years ago with startup funds received from her husband. She later joined Hekima to support her business, and has grown over time. With this new loan, she will purchase boards, which will strengthen her startup capital. The challenge of Mrs. Sifa's business is tied to a lack of customers.

Mrs. Sifa would like her children to continue their education and would like to feed her family. She would like to close by thanking Hekima and its partners for the support they provide to small business owners excluded from the traditional banking system during the COVID-19 pandemic. The photo above is only of Tosa Group's leader due to COVID-19 and the group's observance of social distancing.