The client Kavira is an entrepreneur, leader of the business group Upatanisho, approximately 48 years old, married, and mother to 9 children of whom some have their own homes and others still go to school. Her husband is unemployed. The client sells palm oil and the refined vegetable oil Rina. She displays her merchandise along her street and sometimes at her home. She has been practicing this business for 7 years.
She started her business with funds from a loan received from the Hekima MFI around 2004. This new loan will serve to stock up in new merchandise (6 cans of palm oil and 4 cartons of the refined vegetable oil Rina, 2 bags of flour, etc.) In addition, she aims to expand her business and fittingly build a beautiful house for her family. According to her, the loan from Hekima helped her to live in socially acceptable living conditions. The client salutes the initiative of the Hekima MFI for its actions dedicated to the poor women excluded from traditional banking.
La cliente Kavira est entrepreneur, leader du collectif d’affaire Upatanisho, âgée d’environ 48 ans, mariée, mère de 9 enfants dont certains ont leurs propres foyers et d’autres vont encore à l’école. Son mari est chômeur. La cliente est vendeuse d’huile de palme et l’huile végétal raffiné Rina. Elle expose ses marchandises au long de la rue et parfois à son domicile. Il y a 7 ans révolus, elle exerce cette activité. Elle démarra son activité avec un fonds de crédit reçu de l’IMF Hekima vers 2004. Ce nouveau crédit doit lui servir de s’approvisionner avec des nouvelles marchandises (6 bidons d’huile de palme et 4 cartons d’huile végétal raffiné Rina, 2 sacs de farines, etc.). En plus, elle ambitionne agrandir son entreprise et construire dignement une belle maison pour sa famille. Selon elle, le crédit de Hekima lui a servi de vivre dans des conditions de vie socialement acceptables. La cliente salut l’initiative de l’IMF Hekima pour ses actions dédiées aux 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.