This client, Mwadji, is the senior member and president of the credit collective Tuongozane. At 52 years old, she is on her 25th loan cycle, and she is a married mother of eight children and several grandchildren. Her husband runs a small business. Mwadji started her business with funds from her husband that amounted to the equivalent of a container of oil. She is a vendor of palm oil at the central market of Virunga and has been in this business for ten years.
With this new loan, this client would like to increase her sales by purchase 15 containers of palm oil. She also sells plastic footwear (slippers) to increase her revenues. For the future, she plans on switching her business to general commerce and building a comfortable house.
This client salutes the initiative taken by the microfinance institution Hekima dedicated to autonomy for poor women having no access to banks. The dividends from this Hekima micro-loan are enormous for this client, she says. She remained away from her children for a long time due to the repeated wars in the Democratic Republic of the Congo. Thanks to Hekima loans, she had easily paid the airfare from Buyimayi to Goma for her children.
La cliente Mwadji est la doyenne et présidente du collectif de crédit Tuongozane, cliente au 25e cycle, âgée de 52 ans, mariée et mère de 8 enfants et plusieurs petits fils. Son mari exerce le petit commerce. Elle a commencé son activité avec son fonds propre reçu de son mari ayant une valeur équivalente à un bidon d’huile. La cliente est vendeuse d’huile de palme dans le marché central de Virunga. Il y a 10 ans, elle exerce cette activité. Avec ce nouveau prêt, la cliente souhaite augmenter son chiffre d’affaire en achetant 15 bidons d’huile de palme. La cliente vend également des souliers en plastic (babouches) pour accroître son revenu. Dans l’avenir, elle planifie de changer l’activité et faire le commerce général et construire confortablement sa maison. La cliente salut l’initiative de l’IMF Hekima dédiée pour l’autonomisation des pauvres femmes non bancables. Les dividendes de ce projet de micro crédit de Hekima sont énormes pour cette cliente dit-elle, Celle-ci est restée très longtemps loin de ses enfants suite à des guerres répétitives en RD Congo, grâce aux crédits de l’IMF Hekima, elle avait aisément payé le billet transport d’avion de ses enfants de Buyimayi jusqu’à Goma.
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.