The borrower, Munyutsa, is a retailer and a member of the business group "Plamedi". She is 30 years old, married, and the mother of five children, two of whom are in school while the other three are still quite young. She is also a dynamic entrepreneur who sells various kitchen utensils. She displays her goods along the city's main road. She started in this business with a loan received from the micro-finance institution Hekima. Munyutsa's husband works as a moped taxi driver. Munyutsa herself has been involved in her field of work for nine years. She will use this new loan to buy 10 new metal cooking pots, some cups, plates, spoons and forks. She would like to increase her capital which will allow her to feed, clothe and educate her children. In the end, she wishes to thank Hekima for empowering female entrepreneurs excluded from the banking system, particularly during this difficult post-conflict period in eastern Congo. It should be noted that one of the borrowers featured in the photo is carrying her baby.
La cliente Munyutsa est une commerçante et membre d’un collectif d’affaires «Plamedi», entrepreneur dynamique, âgée de 30 ans, mariée et mère de 5 enfants dont 2 étudient et 3 autres sont encore gamins. La cliente est une vendeuse des divers matériels d’ustensile de cuisine. Elle étale sa marchandise sur la route principale de la ville. Elle commença ses business avec de fonds reçu comme prêt de l’IMF Hekima. Son conjoint est un taximan de motocyclette. Il y a 9 ans qu’elle exerce cette activité. Ce nouveau prêt va la servir d’acheter 10 casseroles métalliques neuves, gobelets, assiettes, cuillères et fourchettes. Ainsi, elle souhaite accroitre son capital, scolariser, vêtir, et nourrir ses enfants. Au finish, elle remercie fortement Hekima pour l’autonomisation des femmes entrepreneurs non bancables, surtout; pendant ce moment critique post conflits à l’Est du pays. Il sied de signaler qu’une cliente porte son bébé.
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.