Moina is the leader of the Tujikaze group. She is 48 years old, married and the mother of 5 children who all attend school. Her spouse is unemployed.
Moina sells various items. She started her business with her own funds, received from her big brother. Later on, she benefited from additional funds in the form of loans from Hekima. She has just completed 20 loan cycles of Hekima's microcredit program. This new loan will be used to buy merchandise including 3 bags of rice, 3 bags of sugar and 10 cases of Fanta.
In spite of the various challenges and other losses in her business, the client recognises that she has profited from the Hekima program. She therefore commends the initiative of IMF Hekima and its partners.
La cliente Moina est président du groupe Tujikaze, alors âgée de 48 ans, marié et mère de 5 enfants qui vont tous a l’école. Son conjoint est sans emploi. La cliente est commerçante de divers. Elle commença ses affaires avec son fonds propre reçu de son grand frère. Plus tard, elle bénéficia un fonds additionnel de crédit de Hekima. Elle vient de réaliser 20 cycles dans ce programme de microcrédit de Hekima. Ce nouveau prêt va lui servir d’acheter 3 sacs de riz, 3 sacs de sucres, 10 casiers de Fanta, etc. Malgré le défi et autres pertes dans cette activité, la cliente reconnait avoir tiré profits dans ce programme de Hekima. Ainsi, elle salut l’initiative de l’IMF Hekima et ses partenaires.
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.