The borrower, Kavira, is a member of the Wariti credit group. She is a 48-year-old widow with seven children, and also a dynamic and ambitious self-made entrepreneur.
Kavira sells fish. Her husband unexpectedly died after a short illness.
Kavira started her business with a micro-loan received from the microfinance institution Hekima.
She uses the profits from her business to put some money into savings, to buy food and to contribute to her children's schooling costs.
She has now just received her eighth loan. Kavira's business has recently suffered from the increasing level of insecurity in the areas where she gets her supplies, particularly in the town of Rutshuru.
This new loan will be used to buy three baskets of fish (salted, smoked or fresh fish).
Kavira wants to see her children grow. She would also like to buy a house.
She thanks Hekima for its actions in favor of the empowerment of low-income women excluded from the traditional banking system.
La cliente Kavira, membre du groupe de crédit Wariti. Veuve, femme dynamique, ambitieuse, entrepreneur autodidacte, âgée de 48 ans, mère de 7 enfants. Elle est vendeuse des poissons. Son mari fut décédé inopinément d’une courte maladie. Elle a commencé son business avec un micro crédit reçu de l’IMF Hekima. Les bénéfices de son activité servent d’épargne, d’alimentation et d’appui à la scolarité de ses enfants. Cependant, elle vient d’obtenir son 8eme crédit. Au cours de la période, cette cliente a vu ses affaires régressent suite à l’insécurité grandissante dans les zones d’approvisionnement, précisément dans Rutshuru. Ce nouveau crédit doit lui servir de s’approvisionner avec 3 paniers de poissons (sales, fumés ou frais). En plus, elle souhaite voir ses enfants grandir et acheter une maison. La cliente remercie Hekima pour les actions d’autonomisation 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.