Kakule has already completed ten loan cycles with Hekima. She started her business using as a small capital the final payment received by her husband when he left the international organization he used to work for.
With this new loan, she will buy five boxes of essential and generic medications (paracetamol, quinine, aspirin, anti-inflammatory and antimalarial drugs, multivitamins, antibiotics etc).
Kakule also wishes to see her children grow and she would like to increase the size of her business. She uses the profits from her activity to buy food for her children and to pay their school fees.
She thanks Hekima for its actions toward the empowerment of low-income women excluded from the traditional banking system.
More information about this loan
Important InformationHEKIMA 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.
About Congo (Dem. Rep.)
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Success!! The loan was 100% repaid