Kulondwa is president of the Cikwanine business group. She is 36 years old and the mother of nine children, seven of whom are in school. This is her 12th loan cycle with Hekima. She buys used shoes in Goma, and sometimes Bukavu, which she then re-sells in the market in Kavumu. She will use the loan she has requested to stock up with 100 pairs of shoes. She is immensely grateful to Hekima for having given hope and money to low-income women.
La cliente Kulondwa est présidente de l’association d’affaire cikwanine. Elle est âgée de 36 ans et mère de 9enfants dont 7scolarisés et est au 12eme cycle de crédit chez Hekima. Elle achète des souliers usagers à Goma et tantôt à bukavu qu’elle revend au marché de kavumu. Le crédit sollicité va lui servir à l’approvisionnement de 100 paires de souliers; ainsi elle remercie Hekima infiniment d’avoir donné du courage et de l’argent aux femmes à faible revenue.
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.