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Amina Groupe
In this Group: Tshibavunya, Chibalonza, Kurana, Kitenge, Kahindo, Bahati, Faida, Kavira, Katungu, Kitumaini, Katungu, Bonane, Bahongwere, Ribanje, Nshokano, Shahada, Balisema, Naminani, Mawazo, Kamere, Mwanda, Kulondwa, Sifa, Georgette, Babwiriza, Kyakimwa, Byenda, Muyisa
Kitenge is the president of the borrowing group Amina. She is an active entrepreneur, 40 years old, married and the mother of 6 children. Her husband is a nutritionist. Kitenge sells food from her home. She began this business with a loan from IMF Hekima; she has completed 7 loan cycles with their microfinancing program.

Kitenge faces many challenges to her business, especially in credit selling, such as facing a loss from currency exchange since she conducts her business in the national currency, but purchases her stock in the currency of the tariff rates (dollars). Additionally, there is instability due to the armed groups in the more rural areas.

This new loan will allow Kitenge to purchase two bags of manioc (cassava) flour. In spite of everything, she leads a comfortable life, because the loans she receives allow her to make a living and support her family. She therefore thanks Hekima and its partners for their support of poor women excluded from the traditional banking system.
View original language description ↓
La cliente Kitenge est la présidente du groupe de crédit Amina, entrepreneur actif, âgée de 40 ans, mariée et mère de 6 enfants. Son époux est un nutritionniste. La cliente est vendeuse de denrées alimentaires à son domicile. Elle commença cette initiative avec le crédit de l’IMF Hekima. Elle vient de réaliser 7 cycles dans le programme de microcrédit. La cliente évoque certains défis liés à son entreprise, notamment la vente à crédit, la perte de change car elle vente à monnaie nationale, alors qu’elle s’approvisionne au taux tarifaire de la devise (dollars). En plus, l’insécurité des groupes armés dans les zones rurales. Ce nouveau crédit lui servira d’acheter 2 sacs de farine de manioc. En dépit de tout, elle est confortable, car ce crédit lui permet de gagner sa vie et celle de sa famille. Ainsi elle remercie Hekima et ses partenaires pour leur soutien aux pauvres femmes non bancables par le système financier classique.

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
  • 0
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,380,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Amina Groupe's $2,775 loan helped a member to buy two bags of manioc (cassava) flour.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2012
Listed
Aug 29, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013