She started her retail business by selling luxury items (small chains, jewelry, rings) in the streets. Later she learned that microcredit was available through the microfinance institution Hekima. This is how she received her first loan of 50 USD, which allowed her to strengthen her business. The profits from her activity help her to put some money into savings, to feed her children and pay for their school fees.
She has just obtained her ninth loan. During that time period, she has seen her business prosper. This is why she has decided to request a larger loan amount for this new cycle. With this loan she will be buying two bags of beans, some potatoes, oil, Fanta, Primus etc., to boost her restaurant activity. She would also like to see her children grow, and to buy a plot of land in the future. She thanks Hekima for helping low-income women become autonomous.
Important InformationHEKIMA 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.
About Congo (Dem. Rep.)
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Success!! The loan was 100% repaid