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Byamungu Group
In this Group: Kitoga, Katambayi, Mufaume, Rwangano, Cinyanura
The client Katambayi has been in business for 26 years and is the president and member of a business group called "Byamungu". She is a 61 year old senior, dynamic entrepreneur - married and the mother of 10 children; 5 are still studying and 5 are married. She sells various items and operates a small shop from her home.She is seeking a loan from Hekima to grow her business, which she began with funding received from her husband, who is retired.
She will buy boxes of sweets, biscuits, juice, milk, sugar, rice, oils, soap powder, cosmetic products, 1 box of exercise books, 5 boxes of pens, matches, iodised salt, etc. In the future, she plans to construct her own home, and to feed and school her children. Thus, she thanks Hekima for the support for female entrepreneurs who are excluded from the traditional banking system.
View original language description ↓
La cliente Katambayi est commerçante depuis 26 ans, présidente et membre d’une association d’affaires « Byamungu», senior entrepreneur, dynamique, âgée de 61 ans, mariée et mère de 10 enfants, dont 5 étudient encore et 5 sont mariés. Elle est vendeuse des articles divers et sociétaire d’une boutique, chez elle à domocile. Elle sollicite un crédit auprès de Hekima pour accroitre son entreprise. Elle commença avec de fonds reçu de son mari. Son conjoint est un retraité. Elle va acheter des cartons de bombons, des biscuits, jus, lait sucre, riz, huiles, savons en poudre, produits cosmétiques, 1 carton de cahiers, 5 boites de stylos, les allumettes, sel iodé etc. Dans l’avenir, Elle compte construire sa maison, scolariser et nourrir ses enfants. Ainsi, elle remercie Hekima pour son soutien aux femmes entrepreneurs exclues du système bancaire classique.

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
  • $10,917,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Byamungu Group's $10,000 loan helped a member to purchase grocery supplies for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2014
Listed
Jul 17, 2014
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014