Furaha was introduced by her peers to this business in 2009. Later on, she was informed about micro-loans granted by the microfinance institution Hekima. The profits from her business go toward savings, food, and supporting her children's education. Over that time, this client saw her business shrink due to the crisis which covered the northern province of Kivu.
This new loan must serve to supply her with chairs, mattresses, and televisions to resell. In addition, she would like to see her children grow up comfortably and to purchase a parcel of land in the future.
This client thanks Hekima and its partners for their actions in supporting poor women with low incomes to become autonomous. It is appropriate to note that one client in the photo is carrying her baby on her back.
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.)
17View loans »
Success!! The loan was 100% repaid