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Tuendeleye Group
In this Group: Musimwa, Nsimire, Fifi, Chikwanine, Munyerenkana, Madama, Zirirane, Bayunvanye, Princesse, Nsimire, Namudumbi, Ntakobajira, Bora, Borauzima, Nsimire, Sifa, Bora, Mapendo, Nsimire, Badesire, Tulinabo, Tumaini, Mwangaza, Nzigire, Maombi
The client, Madama, is a member of the Tuendelee loan group. She is 53 years old, married to a businessman, and has three children who all go to school. She has been a merchant for a long time, and started her business with funds from her husband.

She is asking for this new loan to buy 30 African pagnes (traditional wraparounds). She would like to become a wholesaler and buy her supplies at the factory. She is very thankful for Hekima.
View original language description ↓
La cliente Madama est membre de l’association de crédit Tuendelee. Agée de 53 ans, elle est mère de 3 enfants qui vont tous à l’école et mariée à un homme d’affaire. Commerçante de longue date, elle commença les activités de commerce grâce au fonds reçu de son mari. Elle sollicite ce nouveau credit pour acheter 30 pièces de pagnes africains. Ainsi, elle rêve devenir grossiste en s’approvisionnant à partir de l’usine. Enfin, elle remercie fortement Hekima.

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.

Tags

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 Tuendeleye Group's $4,975 loan helped a member buy 30 African pagnes (traditional wraparounds).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2014
Listed
Mar 23, 2014
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014