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Muyisa Group
In this Group: Kyakimwa, Lyadungo, Jules, Ndabuye, Muhindo, Safi, Heri, Julienne, Bernadette, Kabuo, Chirimwami, Chito, Namulisa, M'mode, Zawa, Nzala, Bunga, Yango, Ngabo, Ayeba, Mwanu'e, Mutangi, Kabaya, Maggy, Jacqueline
Yango is 48 years old, and she is the president of the “Muyisa” group. She is the mother of 10 children, who all study. Her husband is a teacher.

She sells second-hand clothes. She started this activity five years ago with funds received from her husband. This activity helps her in the heavy responsibility of paying school fees for her children.

This new loan will allow her to buy seven bundles of second-hand clothes in order to increase her profit.

In the future, Yango wishes to buy a compound and to support school fees for her children. Her gratitude is addressed to Hekima for its microfinance services.

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
  • 18
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,687,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Muyisa Group's $3,375 loan helped a member to buy seven bundles of second-hand clothes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2013
Listed
Sep 20, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014