Munyerenkana, an entrepreneur, is vice-president of the Mwito business group. She is 37 years old, married and the mother of nine children.
Munyerenkana's husband is a small-scale general trader and Munyerenkana sells second-hand clothes. She began this business with her own money that she received from her husband. Later, she accessed additional funds in the form of loans from IMF Hekima.
Munyerenkana has been running this business for around six years now. She will use this new loan to buy half a bale of second-hand clothes to sell. Insecurity and the financial crisis are the major challenges facing her business. She wishes to increase her capital and send her children to school.
She would like to thank Hekima for its support through microcredit.
La cliente Munyerenkana est vice présidente du groupement d’affaire Mwito, entrepreneur, âgée de 37 ans, mariée et mère de 9 enfants. Son conjoint est un petit commerçant de divers. La cliente est vendeuse de friperie. Elle commença cette affaire avec son fonds propre reçu de son mari. Plus tard, elle bénéficia des fonds additionnels de crédit de l’IMF Hekima. Il ya environs 6 ans, elle exerce cette activité. Ce nouveau prêt va lui servir d’acheter un demi-ballon de friperie à marchander. L’insécurité, la crise financière sont de défis majeurs pour son activité. Elle souhaite accroitre son capital, scolariser ses enfants. In fine, 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.