Kavira is the president of the Tuchukuliane business group. She is 46 years of age, married, and mother of 11 children, one of whom has passed away. All her children go to school, and her husband is a teacher.
Kavira works selling palm oil. She started her business with her own funds which she received from her husband. Later she received additional funds in the form of a loan from the Hekima microfinance institution around 2002, after the eruption of the Nyiragongo volcano. She sells her products at the market, and has had 22 loan cycles with the Hekima program.
This new loan will be used by Kavira to buy six drums of palm oil. She also plans to buy a plot of land and build a nice house. She thanks the Hekima microfinance initiative for its actions helping poor women who are excluded from the traditional banking model.
La cliente Kavira est présidente du groupe d’affaire Tuchukuliane, âgée de 46 ans, mariée, mère de 11 enfants dont l’un fut décédé. Tous ses enfants étudient. Son conjoint est un enseignant. Elle est vendeuse d’huile de palme. Elle commença son business avec son fonds propre reçu de son mari, plus tard, elle bénéficia un fond additionnel de crédit de l’IMF Hekima et cela, vers les années 2002, après éruption du volcan Nyiragongo. Elle installe ses produits au le marché. Il vient de réaliser 22 cycles de crédit dans le programme de Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec 6 bidons d’huile de palme. En plus, elle ambitionne acheter une parcelle et construire une belle maison. La cliente salut l’initiative de l’IMF Hekima pour ses actions en faveur de pauvres femmes exclues de banque classique.
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.