Kamundu, the customer, is a retailer and a member of the Sheria business group. She is a 47-year-old dynamic entrepreneur and the mother of 9 children who all attend school. She sells fish and has 14 years experience in this line of work. This new loan will help her to buy 2 bags of fish so that she can increase her business. She started her business with funds she received from her husband. In the future, she dreams of becoming a big businesswoman, buying a plot of land, feeding her children and ensuring that they get an education. Her spouse is a civil engineer. She would like to thank Hekima for its support of women entrepreneurs who are excluded from the traditional banking system, by giving them loans which do not require tangible security.
La cliente Kamundu est une commerçante et membre d’un groupe d’affaires « SHERIA», entrepreneur dynamique âgée de 47 ans et mère de 9 enfants dont tous étudient. Elle est vendeuse des poissons. Elle a une grande expérience de 14 ans dans ses business. Ce nouveau prêt va l'aider d'acheter 2 sacs de poissons pour accroitre son entreprise. Elle avait commencé ses activités avec le fonds reçu de son mari. Dans l’avenir, elle rêve devenir une grande femme d’affaires et acheter une parcelle, scolariser et nourrir ses enfants.Son conjoint est un ingénieur en construction. Ainsi, elle remercie Hekima pour son soutien aux femmes entrepreneurs en leur accordant le crédit sans garantie matérielle et qui sont exclues du système bancaire classique.
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.