Furaha is the president of the lending group Mkono Mkononi, a courageous entrepreneur, and the mother of 12 children, 7 of whom attend school. Her husband is a mason builder. She has been selling local drinks for the past 15 years, a business that she began with financing from her husband. She is asking for a new loan in order to purchase the necessary goods needed to create the drinks (manioc flour, corn, wood for fueld, sorghum, etc). She sometimes has difficulty selling her drinks due to a poorly developed product. She hopes to purchase a plot of land and ensure all of her children are educated. She is very thankful to Hekima's support in helping her achieve these goals.
Furaha est présidente du groupe Mkono Mkononi, entrepreneur courageuse, mère de 12 enfants, dont 7 étudient. Son conjoint est un maçon constructeur. La cliente est vendeuse de boisson locale. Elle commença avec son fonds propre reçu de son mari. Il y a 15 ans, que cette cliente exerce cette activité. Le nouveau prêt va lui servir de payer les intrants de production (farine de manioc, maïs, bois de chauffage, sorgho, etc.). Parfois, cette cliente connait des méventes suite à une mauvaise solution de produits. La cliente souhaite acheter une parcelle et scolariser ses enfants. Ainsi, elle remercie fortement Hekima pour son soutien en microcrédit.
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.