M’Lwamira P. is an entrepreneur and president of the Dynamique business group. She is 50 years old, married, and mother of 3 children who attend university. Her husband is a teacher. M’Lwamira P. is a seller of various items (tarpaulins, blankets, etc.) She sets up along the Road, at the retail area at the entrance of the Katindo Il-Katoyi neighborhood. She started her business with funds received from her eldest daughter. She has been in business for 3 years. This new loan will help her stock up on new merchandise (1 ball of tarpaulin, 1 carton of vegetable oil, Masoso flour, 1 ball of blankets, etc.) In addition, she aspires to grow her business, and spend the rest of her life in peace. M’Lwamira P. thanks Hakima for their work dedicated to poor women excluded by traditional banks. The Bora group consists of 29 members.
M’Lwamira P. est entrepreneur, présidente du groupe d’affaire Dynamique, âgée de 50 ans, mariée, mère de 3 enfants qui étudient a l’université. Son M. est un enseignant.la cliente M’Lwamira P. est vendeuse des divers (bâches, couvertures, etc.). Elle s’installe au long de la Rue, au point de vente de l’entrée du quartier Katindo II-Katoyi. Elle démarra son activité avec un fonds propre reçu de sa fille ainée. Il ya 3 ans qu’elle est en activité. Ce nouveau crédit doit lui servir de s’approvisionner avec des nouvelles marchandises (1 ballon de bâches, 1 carton d’huile végétale, farine masoso, 1 ballon de couverture, etc.). En plus, elle ambitionne agrandir son entreprise, passer le reste de sa vie en paix. La cliente M’Lwamira Pelagie remercie Hekima pour ses actions dédiées aux pauvres femmes exclues de banque classique. Le groupe bora est constitué de 29 membres.
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.