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Mapendo Group
In this Group: Baruti, Nabintu, Kyatokekwa, Sanganiro, Mabulayi , Mwanaidi, Mudumbi, Maganza, Zagabe, Masupa, Kasindi, Chirobakaderha, Machozi, Chibalonza
Mabulayi N. is the president of the Mapendo business group. She is an entrepreneur, a wife, and a mother of nine. All her children are studying without worry. Her husband is an artist.
She sells used bags (purses, briefcases, suitcases, etc.) under the general name « the second hand ». She started her business with her own funds in 1983. Later, in 2004, she was the beneficiary of a $50 loan from IMF Hekima. She displays her products along Vanny Bishweka boulevard. This new loan is to be used to stock up on 50 more bags and to improve her house structure, which she is considering renting out soon. Beyond this, her ambition is to purchase a vehicle (car) for her travels. As a client, Mabulayi N. thanks Hekima for their actions in favor of underprivileged people who are excluded from traditional banking systems. The Mapendo group counts fourteen members.
View original language description ↓
Mabulayi N. est présidente du groupe d’affaire Mapendo, entrepreneur, mariée, mère de 9 enfants. Tous ses enfants étudient confortablement. Son époux est artiste. Elle vend des sacs usagers (sac à main, mallette, valise, etc.) communément appelé « the second hand ». Elle commença son business avec son fonds propre depuis 1983. Plus tard, elle bénéficia de crédit de l’IMF Hekima de 50$ en 2004. Elle installe ses produits au long de boulevard Vanny Bishweka. Ce nouveau crédit doit lui servir de s’approvisionner avec 50 pièces des sacs et renforcer la construction de sa maison, qu’elle envisage mettre à location d’ici là. En plus, elle ambitionne acheter un véhicule (voiture) de déplacement. La cliente Mabulayi N. remercie Hekima pour ses actions en faveur de pauvres exclus de banque classique. Le groupe mapendo est constitué de 14 membres.


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 Mapendo Group's $5,000 loan helped a member purchase 50 handbags and improve the structure of a house.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2010
Listed
Dec 13, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011