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Ufundi Group
In this Group: Mukomozi, Nzigire, Munyerenkana, Mateso, Safari, M'totoro, Ntakwinja, Riziki, Biralo, Nsimire, Nzigire, Nyota, Nabintu, Balangaliza, Chikwanine, Nsimire, Munguakonkwa, Mwikiza, Mwangaza, Jeanne, Badosanye
The borrower, Nzigire, is the leader of the "Ufundi" credit group. She is 39 years old and the mother of eight children who all go to school. Her husband is involved in commerce.

Nzigire was able to start her own business thanks to funds received from her father-in-law. Later on, she joined the Ufundi credit group, of which she has been a member for more than five years.

With this new loan, she intends to buy 25 goats, for future retail resale. Nzigire wishes to see her business grow, which will help her to take proper care of her family. She thanks Hekima and its employees for facilitating access to credit.
View original language description ↓
La cliente Nzigire est leader du groupe de crédit Ufundi à 39 ans. Mariée à un commerçant est mère de 8enfants tous scolarisés. Elle avait pu débuter son activité grâce aux fonds reçu de son beau père avant de regagner son groupe de crédit dans lequel elle vient de réaliser plus de 5ans. Ce nouveau crédit doit lui permettre de s’approvisionner avec 25 chèvres qu'elle revendra en détail. Elle souhaite voir son entreprise grandir afin d'assurer une bonne survie à sa famille. Ainsi, elle remercie Hekima et son personnel qui lui facile l’accès au credit.

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 Ufundi Group's $5,150 loan helped a member to buy 25 goats.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Jan 31, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013