She is the member of a cafeteria. She has been involved in this type of income-generating activity for over 10 years. She has just obtained a fourth loan from Hekima. She is currently experiencing a drop in her level of activity after having moved her sale outlet from a strategic location to another remote site in the center of town. With this new loan, she will purchase 2 jars of yoghurt milk and 4 dozen shoes for resale.
She wants to see her children grow in comfortable conditions, she also wants to expand her business and diversify her activities.
She thanks Hakima for its action in favor of poor women excluded from the traditional banking system.
It is worth noting that in the photo, some mothers are carrying their babies.
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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Success!! The loan was 100% repaid