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Aksante Mungu Group
In this Group: Katembo, Shabubake, Kabena, Paluku, Nabintu, Kahambu, Muhindo, Jacquis , Babutwa, Katungu, Sanvura, Rurhagegera, Masika, Marie, Nsimire, Bitetwa, Katungu, Masumbe
Shabubake is an entrepreneur and the leader of the business group "Aksante Mungu". She's 27 years old, married, and the mother of four children, who all attend school. She retails fuel, gasoline and heating oil. In addition, she also sells shoes to increase her income. Her husband is a hairdresser, he co-owns a hair salon for men and women.

Shabubake sets up her merchandise along the Karibu-Ulpgl boulevard. She's been running this business for more than five years. She just completed her tenth loan with Kiva's partner, Hekima. This new loan will help her to buy 8 cans of gasoline and heating oil, as well as ten pairs of shoes.

Furthermore, she ambitions to send her children to school and buy a land lot for construction. She thanks Hekima for its actions in favor of the poor women who are excluded from classical banks. The business group "Aksante Mungu" is mostly made up of women.
View original language description ↓
La cliente Shabubake, leader du groupe d’affaire « Aksante Mungu », est entrepreneur, âgée de 27 ans, mariée, mère de 4 enfants qui étudient tous. Elle est pétrolière (vendeuse de carburant, essence, mazout en détail). En plus, elle vend aussi des souliers pour accroitre ses revenus. Son mari est un coiffeur, sociétaire d’un salon de coiffure (homme et dame). Elle installe ses marchandises au long de la boulevard Karibu-Ulpgl. Il y a 5 ans révolus qu’elle exerce ces activités. Cependant, elle vient de réaliser 10 cycles avec le crédit de Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec 8 bidons de pétrole (essence, mazout) et 10 pairs de souliers. En plus, elle ambitionne scolariser ses enfants et acheter une parcelle pour y construire confortablement. La cliente remercie Hekima pour ses actions en faveur de pauvres femmes exclues de banque classique. Il sied de signaler que le groupe d’affaire « Aksante Mungu» est majoritairement féminins.



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.)

  • $119
    Average annual income
  • 15
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,230,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Aksante Mungu Group's $5,000 loan helped a member to buy 8 cans of gasoline and heating oil, as well as 10 pairs of shoes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 1, 2011
Listed
Jul 14, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 29, 2011