Namudumbi is a dynamic 48 year old woman. She is a member of the Tudumu borrowing group. She is married to an unemployed man and is mother to 9 children who all attend school. She is a trader of various products including cans and handcrafted chairs and this is her third loan cycle with the microfinance institution Hekima. She is seeking a loan in order to buy 10 empty cans and the primary materials needed to make chairs. Her long-term goal is to become a wholesaler. For this reason, she would like to thank Hekima for its support.
La cliente Namudumbi est une femme dynamique, âgée de 48ans. Elle est membre du groupe de crédit Tudumu, mariée à un homme sans emploi et mère de 9enfants tous scolarisés. Elle vendeuse des produits divers dont les bidons et les chaises artisanales et est au 3ème cycle de crédit de Hekima. Le crédit sollicité va lui servir à l’achat de 10 bidons vides et matières premières pour la fabrication des chaises. Son vœu est de devenir grossiste à la longue; ainsi, elle remercie Hekima pour ses actions.
More information about this loan
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.