Yalala, the president of the Cinamula loan group, is a courageous woman. She is 35 years old and the mother of five children who are all in school. She is married to a doctor. She sells fresh fish and this is her 13th loan cycle with Hekima. She will use the loan she has requested to buy 100kg of fish. She hopes to become a wholesaler and thanks Hekima for her loans.
La cliente Yalala est une femme courageuse, présidente du groupe de crédit cinamula. Agée de 35ans, mère de 5 enfants tous scolarisés est mariée à un médecin. Elle est vendeuse des poissons frais et est au 13ème cycle de crédit chez Hekima. Le crédit demandé va lui servir à l’achat de 100kg de poissons. Elle souhaite ainsi devenir grossiste et remercie Hekima pour ses prêts.
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.