Ms. Nankafu, the president of the loan group “Amka” is 46 years old, married to an unemployed man, and is the mother of seven children, who all go to school. A strong ambitious woman, she is requesting a new loan to purchase the ingredients for making soaps (such as caustic soda). Her dream is to renovate her house and expand her enterprise. Thus, she thanks Hekima for having lent a hand.
Madame Nankafu, présidente du groupe de credit Amka est âgée de 46 ans, mariée à un chômeur et mère de 7 enfants qui vont tous à l’école. Femme forte et ambitieuse, elle sollicite ce nouveau credit pour acheter les matières pour la fabrication des savons (acide à soude caustique, les misses, etc.). Son rêve est de réhabiliter sa maison et agrandir son entreprise. Ainsi, elle remercie Hekima pour lui avoir donné un coup de main.
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.