The client Nyota is a courageous widow. She is 60 years old, mother of five children all having attended school, and is entering her sixth loan cycle with the Munjembere credit group.
She has been selling soft drinks since 2009, following her husband's death. She plans to buy 60 cases of soft drinks with the loan she requested to expand her business, and hopes to open a store in the future.
She thanks Hekima for these loans and asks God to bless them even more.
La cliente Nyota est une veuve courageuse. Agée de 60 ans, mère de 5 enfants tous scolarisés; est au 6ème cycle dans son groupe de crédit Munjembere. Elle est vendeuse des boissons sucrées depuis 2009 après le décès de son mari. Elle compte acheter 60 caisses des boissons sucrées avec le crédit sollicité pour la croissance de son affaire tout en souhaitant avoir un dépôt dans l’avenir. Elle remercie Hekima pour ces prêts et prie Dieu de le bénir d’avantage.
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.