This client, M'twali, is a member of the business association "Dunda mu yesu". She is a young entrepreneur, experienced, energetic, 35 years old, divorced, and a mother of five children, who are all students. M'twali is a vendor of shoes. She sets up her merchandise at the public market and sometimes as home. She started her business with assistance from her husband before they separated. Later on, she benefited from a loan from the microfinance institution Hekima. She has been in this business for twelve years.
This new loan will be used to purchase 40 pairs of shoes. Thus, she would like to expand her business plans and purchase a plot of land for her children.
In conclusion, she thanks Hekima very much for promoting autonomy among unbanked women entrepreneurs, especially during this critical time of war in the country's east.
La cliente M'twali est un membre de l’association d’affaire «Dunda mu yesu», jeune entrepreneur expérimentée, dynamique, âgée de 35 ans, divorcée et mère de 5 enfants qui étudient tous. La cliente est une vendeuse de souliers. Elle installe ses marchandises au marché public et parfois à son domicile. Elle commença ses affaires avec l’assistance de son mari, avant qu’ils se séparent. Plus tard, elle bénéficia le prêt de l’IMF Hekima. Il y a 12 ans qu’elle exerce cette activité. Ce nouveau prêt va la servir d’acheter 40 paires de souliers. Ainsi, elle souhaite étendre son projet de commerce et acheter une parcelle pour ses enfants. Au finish, elle remercie fortement Hekima pour l’autonomisation des femmes entrepreneurs non bancables, surtout ; pendant ce moment critique de guerre à l’Est du pays.
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.