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Mwamba Group
In this Group: Masika, Suzane, Mawazo, Nziko, Bagheni, Kahambu, Kanyere, Katungu, Masika, Anastase, Muhomboi, Bwinja, Opportune, Mawazo, Kabuo, Ndiseka, Kakuru, Kahindo, Riziki, Kahambu, Suveni, Yakashimba, Bora, Adeline, Musuba, Mao, Ponga, Kabuo, Luanda, Ndahundi, Ndindahwo, Justine, Kanzira, Kavira, Nsimire
Luanda is an entrepreneur and member of the Mwamba business group. She is 44 years old, married, and the mother of 12 children who are all in school. Her husband is a teacher, and Luanda is a clothing saleswoman. Her business is located at the Central Market of Virunga.

Luanda started her business with funds she received from her husband. With her new loan, she plans to buy 20 pieces of clothing for resale. Luanda's aims are to expand her business and to educate her children. She is thankful to Hekima for their aid to women in poverty who are excluded from traditional banking outlets.
View original language description ↓
La cliente Luanda est entrepreneur, conseillère du groupe d’affaire Mwamba, âgée de 44 ans, mariée, mère de 12 enfants qui étudient tous. Son mari est un enseignant. La cliente vendeuse d’habillement. Elle s’installe au marché central de Virunga. Elle démarra son activité avec un fonds propre reçu de son mari. Ce nouveau crédit doit lui servir d’acheter 20 pièces. En plus, elle ambitionne agrandir son entreprise et scolariser ses enfants. La cliente remercie Hekima pour ses actions dédiées aux pauvres femmes exclues de banque 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.)

  • $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 Mwamba Group's $4,850 loan helped a member to buy 20 pieces of clothing for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2013
Listed
Jan 11, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013