Mulangala is an ambitious businesswoman. She is the treasurer of the group Ulezi, married and the mother of 8 children, all of whom attend school. She has been in the business of selling African specialty concentrated milk in the large central market of Bukavu since her childhood. Mulungala is requesting this loan in order to be able to replenish her stock with 50 kilos of milk. She prays that God bless Hekima and thanks him.
Mulangala est une commerçante ambitieuse. Trésorière de l’association Ulezi, mariée et mère de 8enfants tous scolarisés. Elle est vendeuse des laits concentrés spécialités africaines dans le grand marché central de Bukavu depuis sa jeunesse. Elle sollicite ce credit pour se ravitailler en 50 kilos de laits. Elle prie Dieu de bénir Hekima et le remercie.
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.