Hekima client Mwavita is one of the officers of a business group called « Makimbilio». She is a senior entrepreneur with much experience, aged 51 and the mother of 10 children who all attend school. This client sells chickens. She displays her chickens at the public market and sometimes, at her home. She began her business with her own money, received from her husband more than 30 years ago.
Mwavita has already been able to manage several micro-projects for the benefit of her family with the profit from this business. This new loan will allow her to buy 20 chickens. In this way, she hopes to grow her little business by raising chickens in a modern way and construct a nice house for her children. She would like to thank Hekima sincerely for its support with microloans for small-scale business people who can't apply to a conventional bank.
La cliente Mwavita est conseillère d’une association d’affaire « Makimbilio», senior entrepreneur expérimentée, âgée de 51 ans et mère de 10 enfants qui étudient tous. La cliente est vendeuse de poulets. Elle installe ses poulets au marché public et parfois, à son domicile. Elle commença ses affaires avec son fonds propre reçu de son mari, il y a plus de 30 ans. La cliente a déjà réalisé plusieurs micro projets à travers les bénéfices de ce commerce pour sa famille. Ce nouveau prêt va lui servir d’acheter 20 poulets. Ainsi, elle souhaite accroitre son entreprise par un projet d’élevage moderne et construire une jolie maison pour ses enfants. Au finish, elle remercie fortement Hekima pour son soutien en microcrédit aux petits entrepreneurs non bancables.
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.