A loan of $8,000 helped a member to buy foreign currencies for his exchange business.


La Révélation Group's story

Mugondo is a committed businessman and member of the business group 'La Révélation'. He is 52 years old and father to ten children of whom five currently attend school and five others are already married. He is a foreign exchange trader in the centre of town, and his wife is a housekeeper. He began his business ten years ago and it has grown steadily ever since. The sale of a plot of land provided the necessary funds to start the business.

Mugondo has requested this loan from the field partner, Hekima, in order to buy foreign currencies.

In the future, Mugondo would like to build a house, educate and feed his children.

He is grateful to Hekima for the support which they offer to non-bankable, small entrepreneurs.

In this group: Matthieu, Rushingwa, Bishweka, Mugondo, Kahiro, Rubavu, Mulezi, Mirindi
*not pictured

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Translated from French by Kiva volunteer Sarah Ryder



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