Nankafu is a client who represents the Riziki Mupya group. She is a 47 year old businesswoman, married and mother to 13 children all of whom are students and among whom there are solicitors, lawyers, and university students. She is a second hand clothes shopkeeper and accredited distributer of mobile phone cards. Her husband is a high ranking government official of the State Airways Agency (RVA).She lays out her merchandise at the roadside, at the entry to the RD Congo-Rwanda customs post. She has been practicing this activity for fifteen years. However, she has just reached the end of a cycle of 10 loans with the Hekima credit organisation. This new loan will enable her to purchase two balls of second hand clothing. In addition she intends to send her children to school. The client is grateful to Hekima for their actions in favour of poor women who are excluded from classic banking institutions. It should be noted that the Riziki Mupya business group is largely composed of women.
La cliente Nankafu, représentante du groupe d’affaire « Riziki Mupya », est entrepreneur, âgée de 47 ans, mariée, mère de 13 enfants, tous étudient, parmi lequel, il y a des juristes avocats et des universitaires. Elle est vendeuse de friperie et distributeur agrégée des cartes des unités de téléphone cellulaire. Son mari est un haut fonctionnaire de la Régie de voies ariennes (RVA). Elle étale ses marchandise au long de la route, à l’entrée de la douane RD Congo-Rwanda. Il y a 15 ans révolus qu’elle exerce cette activité. Cependant, elle vient de réaliser 10 cycles avec le crédit de Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec 2 ballons de friperies. En plus, elle ambitionne scolariser ses enfants. La cliente remercie Hekima pour ses actions en faveur de pauvres femmes exclues de banque classique. Il sied de signaler que le groupe d’affaire « Riziki Mupya» est majoritairement féminins.
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.