This client, by the name of Kamwanya, is an entrepreneur and the leader of the Abigael group. She is about 55 years old, married and the mother of three. Her husband is a policeman, a public safety officer. She sells “chikwange” (a typical dish in Kinshasa, Congo) out of her home. She also sells miscellaneous items to increase her revenues. She launched her business with her own funds received from her husband’s salary. She has been in this business since 1998. Later on she obtained a loan from IMF Hekima. This new loan will allow her to stock up on products (manioc/cassava, water, bags for packaging, coal etc). In addition she would like to see her children, who study at the university, to complete their degrees. This client thanks Hekima for its work supporting female entrepreneurs who lack access to traditional banking.
La cliente Kamwanya est entrepreneur, présidente du groupe Abigaël, âgée d’environ 55 ans, mariée, mère de 3 enfants. Son conjoint est un policier, officier de l’ordre public. La cliente est vendeuse de Chikwange (aliment approprié aux congolais-Kinshasa) à son domicile. Elle fait également le commerce de divers pour accroitre ses revenus. Elle commença son business avec son fonds propre reçu des soldes de son mari. Depuis 1998, elle exerce cette activité. Plus tard, elle bénéficia de crédit de l’IMF Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec des nouveaux produits (manioc, eau, sachets emballage, braise, etc.). En plus, elle ambitionne voir ses enfants qui sont à l’université finir leurs études. La cliente remercie Hekima pour ses actions en faveur des femmes entrepreneurs non bancables
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.