The client, Luanda, is vice-president of the Joyeuse Mpya business group and a very ambitious and experienced entrepreneur. She is 45 years old. She is not married, and she has three children.
Luanda sells pagnes. She sells her goods at the central Virunga market. She started her business with her own funds that she received from her older brother. Later, she sought support from the microfinance institution, Hekima. She has just gone through her third cycle in Hekima's micro-lending program. She has been running her business for about ten years now.
This new loan will allow her to stock up with 18 pagnes. Luanda is comfortable with her business. In the future, she plans to buy a parcel of land and build a house. She would like to thank Hekima for supporting and empowering women who are small entrepreneurs.
La cliente Luanda est vice présidente du groupe d’affaire Joyeuse Mpya, entrepreneur très ambitieux expérimentée. Agée de 45 ans. Elle est une femme non mariée, sans conjoint et Mère de 3 enfants. La cliente est vendeuse de pagnes. Elle étale ses marchandises au marché central de Virunga. Elle commença son entreprise avec son fonds propre reçu de son grand frère. Plus tard, elle sollicita le soutien de l’IMF Hekima. Elle vient de réaliser 3 cycles dans le programme de microcrédit de Hekima. Environs 10 ans, elle exerce cette activité. Ce nouveau crédit doit lui servir de s’approvisionner avec plus au moins 18 pièces de pagnes. Cette cliente est confortable avec son business. Dans le futur, elle compte acheter une parcelle et construire une maison d'habitation. Ainsi, elle remercie Hekima pour son appui et autonomisation des petits entrepreneurs femmes.
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.