Vambesa is a leader of the business group called « Uaminifu», an older and experienced entrepreneur, aged 47, mother of six children who are enrolled in school. Her husband is a civil servant in public administration.
This client is an artist. She does hand embroidery and displays her work in her home. She began her business with her own money. Later on, she was able to take advantage of additional funds from a loan from MFI Hekima. She has been in this field for 10 [years]. She has been able to carry out various small projects for her family, using the profit from her business.
This new loan will serve her to buy materials (8 meters of cloth, 12 packets of thread, 5 meters of golden brown fringe, etc.) In this way, she hopes to keep her children in school and build a nice house out of durable materials. Debtors and selling on credit are the challenges for the development of her business. Finally, she would like to thank Hekima sincerely for its support with micro-loans dedicated to small entrepreneurs who cannot be served by banks, during this critical period of war.
La cliente Vambesa est un leader du groupement d’affaire « Uaminifu», senior entrepreneur expérimentée, âgée de 47 ans et mère de 6 enfants qui étudient tous. Son conjoint est un fonctionnaire dans une Administration publique. La cliente est un artiste. Elle fait la broderie artisanale. Elle installe ses articles au point d’exposition à son domicile. Elle commença ses affaires avec son fonds propre. Plus tard, elle bénéficia le fonds additionnels du prêt de l’IMF Hekima. Il ya 10 qu’elle exerce cette activité. La cliente a déjà réalisé beaucoup de petits projets pour sa famille à travers les bénéfices de ce commerce. Ce nouveau prêt va lui servir d’acheter les matériels (8 m de tissus, 12 pièces de fil, 5 m de mordoré, etc.). Ainsi, elle souhaite scolariser ses enfants, étendre son entreprise et construire une jolie maison en matériaux durables. Les impayés et la vente en crédit sont des défis pour le développement de son activité. Au finish, elle remercie fortement Hekima pour son soutien en microcrédit dédiés aux petits entrepreneurs non bancables, pendant ce moment critique de guerre.
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.