Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner Description:

The mission of Hekima, a partner of World Relief, is to contribute to the transformation of the economic, social, and spiritual lives of the economically active poor of the Democratic Republic of Congo (DRC) as a sustainable, innovative microfinance institution of the highest quality.

Hekima operates in the Kivu regions of Eastern DRC, an area marked by over a decade of war as well as social, economic and institutional collapse. A complex legal and regulatory environment is further complicated by widespread corruption and a market flooded with poor quality microfinance suppliers.

In this region, Hekima aims to serve the economically active poor with quality services, giving special attention to female entrepreneurs.

Founded in 2003 as a program of World Relief Congo, Hekima was established as an independent institution in July 2007; registered as a second tier microfinance institution. In September 2009, Hekima has 42 full time staff members, with lending staff accounting for 64% of total staff. Hekima has branches in Goma, Bukavu and Kavumu.

Hekima’s products are focused on the group lending methodology, which allows for disbursement of loans to clients lacking conventional collateral. The majority of Hekima clients benefit from the community bank product, which allows for small loans over a 16-week term. Successful clients may qualify for graduation into the solidarity group product that provides higher loan amounts and a longer term.


Status Update - November 28, 2012
 
Rebel group activity has caused instability and mass migration in the Goma region of the Democratic Republic of Congo. However, Hekima is still operational and administering loans. Kiva will continue to post and support loans in the region through this partner, but repayment may be impacted by the conflict.
 

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Mar 12, 2010 Oct 12, 2005
Total Loans $19,442,500 $1,342,243,800
Amount of raised Inactive loans $0 $1,129,300
Number of raised Inactive loans 0 1,461
Amount of Paying Back Loans $1,442,375 $147,423,550
Number of Paying Back Loans 287 194,726
Amount of Ended Loans $18,000,125 $1,193,690,950
Number of Ended Loans 3,808 1,537,959
Delinquency Rate 3.44% 10.51%
Amount in Arrears $27,689 $9,735,701
Outstanding Portfolio $471,078 $92,639,883
Number of Loans Delinquent 78 57,667
Default Rate 0.26% 1.76%
Amount of Ended Loans Defaulted $47,170 $21,037,796
Number of Ended Loans Defaulted 63 51,424
Currency Exchange Loss Rate 0.00% 0.39%
Amount of Currency Exchange Loss $0 $5,195,382
Refund Rate 0.14% 0.59%
Amount of Refunded Loans $27,025 $7,939,025
Number of Refunded Loans 5 7,847

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 88.55% 76.42%
Average Loan Size $216 $394
Average Individual Loan Size $700 $609
Average Group Loan Size $4,814 $1,762
Average number of borrowers per group 22.3 7.7
Average GDP per capita (PPP) in local country $700 $5,773
Average Loan Size / GDP per capita (PPP) 30.92% 6.82%
Average Time to Fund a Loan 5.37 days 7.13 days
Average Dollars Raised Per Day Per Loan $40.28 $55.26
  Average Loan Term 4.61 months 11.35 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 3,999 796,440
  Journaling Rate 100.00% 43.15%
  Average Number of Comments Per Journal 0.01 0.03
  Average Number of Recommendations Per Journal 0.01 0.80

Borrowing Cost Comparison (based on 2016 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 37% PY 56.00% PY 25.24% PY
  Profitability (return on assets) 2.82% 1.1% -1.43%
  Average Loan Size (% of per capita income) 41.90% 15.00% 12.96%

Country Fast Facts

Field Partner Staff

Repayment Reporting API
Sam Ferguson
Nathalie Iragi
Donatien KARUMBA
Marthe Kavira
Jules Kighana
Bob Kighoma
Bob Kighoma
Etienne Lwanche
Philip Matabishi
Jacques Mvunabo
Sara Strawczynski