Kavira, the customer and leader of the business group Unyenyekevu, is a 55-year-old entrepreneur. She is a widow and the mother of 10 young children, who are all studying. Her husband recently died after a sudden illness.
Kavira has been selling second-hand handbags for 5 years. She has just received her 13th loan from Hekima, which should allow her to buy a bale of handbags and other items. She would like to watch her children grow up, to increase her business and to buy a second plot of land which she will bequeath to her children.
The customer thanks Hekima for its actions in aid of poor women excluded from regular banks.
La cliente Kavira , leader du groupe d’affaire «Unyenyekevu », est entrepreneur, âgée de 55 ans, veuve, mère de 10 jeunes enfants, qui étudient tous. Son mari est décédé récemment suite a une maladie brutale, Elle est vendeuse de sacs à main (second hand). Il y a 5 ans qu’elle exerce ces petites activités. Cependant, elle vient d’obtenir son 13eme crédit de Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec 1 ballon de sacs, etc. En plus, elle souhaite voir ses enfants grandir, accroître son entreprise et acheter une seconde parcelle qu’elle léguera en héritage à ses enfants. La cliente remercie Hekima pour ses actions en faveur de 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.