Mulondanyi has been an honest retailer for 23 years. She is a member of the business group “Sacristin”; she is a senior entrepreneur, 50 years old, married and the mother of nine children. Six of her children are studying and three are married. She sells used shoes, and she displays her business at a market in the center of town.
She is requesting a loan from Hekima to increase her activity. She will buy 400 pairs of shoes. Her spouse is a civil servant in public administration. She started with funds received from her husband. In the future, she would like to finish her house, keep her children in school and feed them. She thanks Hekima to have well chosen its target, providing support to women entrepreneurs excluded from the traditional banking system, while granting them loans without collateral.
Mulondanyi est une brave commerçante depuis 23 ans et membre d’un collectif d’affaires «Sacristin», senior entrepreneur, âgée de 50 ans, mariée et mère de 9 enfants, dont 6 étudient et 3 sont mariés. Elle est vendeuse des souliers usagés, elle étale son business dans le marché du centre ville. Elle sollicite un prêt auprès de Hekima pour accroitre ses activités. Elle va acheter 400 paires de souliers. Son conjoint est un fonctionnaire de l’Administration publique. Elle débuta avec de fonds reçu de son mari. Dans l’avenir, elle souhaite achever sa maison, scolariser et nourrir ses enfants. Elle remercie Hekima pour avoir bien choisi sa cible, en apportant un soutien aux femmes entrepreneurs exclues du système bancaire classique, tout en leur accordant des crédits sans garantie matérielle.
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.