The client Mwakakoko is 46 years old and mother of 10 children, all attending school. She is the secretary of the "Uwe Macho" business group. Her husband is a financial auditor with a hotel company.
The client is an entrepreneur and owner of a cafeteria (small restaurant). She started her business with her own funds received from her husband. She has been running the business for the past three years.
She will use this new loan to buy three bags of potatoes, two cans of vegetable oil, 50 kg of rice, fish, meat, milk, etc..
In the future, she intends to increase her working capital, and also educate, feed, and take care of her children. She wishes to thank Hekima for its support to non-bankable women.
La cliente Mwakakoko est âgée de 46 ans et mère de 10 enfants qui étudient tous. La cliente est secrétaire du groupe d’affaire « Uwe Macho ». Son mari est auditeur financier auprès d'une entreprise hôtelière. La cliente est entrepreneur et propriétaire d’un cafeteria (petit restaurant). Elle démarra son business avec son fonds propre reçu de son mari. Il ya 3 ans, qu’elle exerce cette activité. Ce nouveau prêt lui servira d’acheter 3 sacs de pomme de terre, 2 bidons d’huile végétale, 50 kg de riz, les poissons, la viande, le lait, etc. Dans le futur, elle compte accroitre son capital, scolariser, nourrir, soigner ses enfants. Elle adresse ses remerciements à Hekima pour son soutien aux femmes 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.