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Twanzane-Solidaire Group
In this Group: Shindani, Saasita, Manyalala
Saasita, the representative of the group Twanzane-Solidaire, is a dynamic entrepreneur, aged 44, and a mother of eight children. Her husband works in a private company.

Saasita sells palm oil. This new loan will allow her to buy 20 containers of palm oil. Taxes and administrative red tape are challenges to the development of her business.

In the future, she would like to build her house with durable materials.

Finally, she thanks Hekima for their support of small-scale merchants.
View original language description ↓
La cliente Saasita est représentante du collectif de crédit Twanzane-Solidaire. Entrepreneur dynamique, âgée de 44 ans et mère de 8 enfants. Son conjoint est un agent dans une entreprise privée. La cliente est vendeuse d’huile de palme. Elle commença cette affaire a l’âge de 18 ans avec ses fonds propre reçu de son mari. Plus tard, elle bénéficia le crédit de Hekima. Ce nouveau prêt va lui servir d’acheter 20 fûts d’huile de palme. Les taxes et tracasseries administratives constituent un défi pour le développement de son entreprise. Dans le futur, elle souhaite construire sa maison en matériaux durables. Au finish, elle félicite Hekima pour son soutien aux petits commerçants.

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
  • $10,942,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Twanzane-Solidaire Group's $4,900 loan helped a member to buy 20 containers of palm oil.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2013
Listed
May 26, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013