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Tuinuwane Group
In this Group: Bwema, Mahangaiko, Josee, Cecile, Katungu, Katungu, Katungu, Ntamiringiro, Chuma, Kazanwa, Assani, Kubuya, Kabuo, Bora, Kavira, Baeni, Madihano, Fatuma, Amani, Bauma, Wivine, Baleke, Deya, Kanyere, Mwajuma
The client, Katungu, is an ambitious entrepreneur and the president of the loan group Tuinuane. She is 42 years old and has 5 young children. Her husband is a nurse.

She sells spices (tomatoes, peanuts, onions, ginger, etc.). She started her business about 4 years ago with money she received from her husband. IMF Hekima granted her a loan around 2010.

She sells her products in the central market of Virunga. This new loan will help her buy 4 cans of vegetable oil, ginger, tomatoes, etc. In addition, she would like to increase her savings so that she can start working on other revenue-generating activities. The profits from her business help her easily pay for school fees, food, medical care, etc. for the family.

She thanks Hekima for their support of female small business owners.
View original language description ↓
La cliente Katungu est un entrepreneur ambitieux, présidente du groupe de crédit Tuinuane, âgée de 42 ans, mère de 5 jeunes enfants. Son mari est infirmier. Elle est vendeuse des épices (tomates, arachides, oignons, tangausi, etc.) Elle commença son business avec son fonds propre reçu de son mari, il ya environs 4 ans. Elle bénéficia de crédit de l’IMF Hekima vers les années 2010. Elle installe ses produits au marché central de Virunga. Ce nouveau crédit doit lui servir de s’approvisionner avec 4 bidons d’huile végétale, tangausi, tomates, etc. En plus, elle ambitionne augmenter son épargne enfin d’ouvrir d’autres activités génératrices de revenu. Les bénéfices de son activité lui permettent de payer aisement les frais scolaires, la nourriture,les soins médicaux, etc., pour sa famille. Ainsi, elle remercie Hekima pour son appui et autonomisation des petits entrepreneurs femmes.

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
  • 8
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,200,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Tuinuwane Group's $3,425 loan helped a member to buy 4 cans of vegetable oil, ginger, tomatoes, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2012
Listed
Jul 11, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012