She started her business with capital received from her husband and then got additional funds in the form of loans from IMF Hekima. The profits from her business are used to build savings and pay her children's food and education expenses. She has just received her 15th loan. Over time, this customer has seen her business prosper positively and, thanks to Hekima's loans, has managed to buy important household equipment for her family (pans, basin, thermos, etc.).
She will use the new loan to buy 5 cans of petrol, 100 kg of rice, 25 kg of sugar, 1 case of Fanta, soaps, salts, spaces, 3 cans of oil and various other products. She would like to see her children grow up comfortably, and she would like to give her husband a surprise present to remind him of the loans from the microfinance institution Hekima.
The customer thanks Hekima for its actions to empower women with lower incomes.
Note: some clients are holding their babies in the picture.
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