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Amour B Group
In this Group: Mulongesha, Muharabu, Witakenge, Kanyembo, Babingwa, Muharabu
Our client Mulongesha is a hard-working vendor with eight years of experience. He is the leader a of the "Amour B" business group he belongs to. He is an energetic entrepreneur, 40 years old, and the father of eight children, all of whom are in school. He sells various outfits (a variety of fabric, including traditional West African "pagnes" ) and is the co-owner of a warehouse. He displays his wares along a lively city street. He is seeking a loan from Hekima to expand his business. [He] will buy 100 sets of fabric. He launched his business with the funds received from his parents. In the future he would like to grow his capital, become a wholesaler and provide for the education, clothing and food of his children. [He] thanks Hekima for its help in granting loans to male and female entrepreneurs who do not have access to traditional banking, especially at this time following an armed conflict in the east of the country.
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Le Client Mulongesha est un brave commerçant, d’une expérience de 8 ans président et membre d’une Association d’Affaires «Amour B», entrepreneur dynamique, âgé de 40 ans et père de 8 enfants, tous étudient. Le client est vendeur de divers habits (Tissu et pagne) et sociétaire d’un magasin. Il installe ses marchandises dans une avenue mouvementée de la ville. Il sollicite un prêt auprès de Hekima pour accroitre son activité. Elle va acheter 100 pièces de tissu. Il démarra ses affaires avec le fonds reçu de ses parents. Dans l’avenir, Il souhaite accroitre son capital et être grossiste, scolariser, vêtir et nourrir ses enfants. Elle remercie Hekima pour son soutien aux hommes et femmes entrepreneurs non bancables en leur accordant de crédit pendant, ce moment post conflit dans la région de l’Est du pays.

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.

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About Congo (Dem. Rep.)

  • $119
    Average annual income
  • 5
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,517,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Amour B Group's $9,000 loan helped a member to buy 100 sets of fabric.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2014
Listed
Jan 22, 2014
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014