Kyakimwa, a client of MFI Hekima and Secretary of the business group called Jipe Moyo, is 37 years old and is a woman living alone (without a husband) and the mother of four young children who are all enrolled in school. She sells "Madrakwa" juice out of her home. She began her business with her own funds that she received from her boyfriend and her acquaintances.
Later on, she requested help from MFI Hekima. Thanks to loans, she has managed modest investments (buying a plot of land, chairs, cupboards, etc.) This new loan should allow her to buy three sacks of maize which she will use as an ingredient for producing "Madrakwa" juice. She thanks Hekima for their support and for helping small-scale female entrepreneurs to become independent.
La cliente Kyakimwa est Secrétaire du le groupement d’affaire Jipe Moyo, elle est âgée de 37 ans, femme vivant seule (sans aucun mari) , et mère de 4 jeunes enfants qui étudient tous. La cliente est vendeuse de Jus Madrakwa à son domicile. Elle commença son entreprise avec son fonds propre reçu de son petit ami et connaissances. Plus tard, elle sollicita le soutien de l’IMF Hekima. Grace aux crédits, elle a réalisé des investissements modestes (achat parcelle, chaises, armoires, etc.). Ce nouveau crédit doit lui servir de s’approvisionner avec 3 sacs de maïs, qui lui servent des matières premières de production jus Madrakwa. Ainsi, elle remercie Hekima pour son appui et autonomisation des petits entrepreneurs femmes.
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.