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Mwamba Group
In this Group: Suzana, Mawazo, Wema , Bagheni, Kahambu, Kanyere, Katungu, Mwavita, Muhombo, Masika, Bwinja, Matiabo, Mawazo, Kabuo Yalala, Lean Hangi, Ndiseka, Kakuru, Kahindo, Riziki, Mapendo, Nabarungu, Furaha, Baderha, Bahani, Nzigira, Kahambu Muhindo, Kanzira, Suveni, Kahindo, Yakashimba , Kavira, Kibanja, Kahambu, Masika, Masika
K. K. is an entrepreneur, and president of the M. business group, which consists of 35 members. She is 37 years old, married, and the mother of six children who all attend school except for the youngest. Her husband is a taxi driver.

K. K. sells bananas, palm oil, etc. in front of her home. She started her business four years ago with her own capital received from her husband. She will use her new loan to buy two bags of charcoal, one can of palm oil, and one can of Rina oil. She plans to expand her business, clothe her children, and provide them with an education.

K. K. wishes to thank Hekima for their assistance to underprivileged women who cannot turn to traditional banks.
K. K. est entrepreneur, présidente du groupe d’affaire M., âgée de 37 ans, mariée, mère de 6 enfants qui étudient tous, sauf le cadet. Son mari est un chauffeur taximan. La cliente K. K. est vendeuse des bananes, huile de palme, etc. Elle s’installe à son domicile devant sa porte. Elle démarra son activité avec un fonds propre reçu de son mari. Il ya 4 ans qu’elle est en activité. Ce nouveau crédit doit lui servir d’acheter 2 sacs des charbons, 1 bidon d’huile de palme, 1 bidon d’huile Rina. En plus, elle ambitionne agrandir son entreprise, vêtir et scolariser ses enfants confortablement. La cliente K. K. remercie Hekima pour ses actions dédiées aux pauvres femmes exclues de banque classique. Le groupe M. est constitué de 35 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
  • $11,438,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Mwamba Group's $4,450 loan helped a member to buy 2 bags of charcoal, a can of palm oil, and a can of Rina oil.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2011
Listed
Feb 17, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2011