Right after the eruption of the Nyiragongo volcano, which completely destroyed the town of Goma in 2002, she began a commerce selling smoked fish with her own funds. Her starting capital was $100, and later she was granted a $50 loan from Hekima to strengthen her business.
She displays her wares along the street, at the “Two Lamps” point of sale. This new loan will enable her to resupply her stock of 15 baskets. The fish she sells come from Vitshumbi, the largest fishery of Lake Edward, also known as Lake Idi-Amin. Her biggest problem is the decaying and flaking of fish due to a lack of adequate conservation and processing techniques.
She would like to own a plot of land and build a home for her family, as she now lives in a family lodge. Masika A. – a client of Hekima - thanks the organisation for its actions in favor of empoverished citizens who do not have access to classic banking services. It should be noted that the Neema group consists of 17 members.
More information about this loan
Important InformationHEKIMA 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.)
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