Kyakimwa, who is the counsellor of the Mungu iko credit association, is a dynamic businesswoman. She is 36 years old and mother of five children all of whom are students. Her husband is a small commission agent, who is without fixed employment. She sells drinks (Primus, Orange soda). She sets up her merchandise in her little kiosk. She started her business with her own money given to her by her husband. Later, she was the beneficiary of an additional sum from the IMF Hekima credit fund. She has been running these small businesses to assure her family's survival for over five years. However, she has now accomplished 18 loan cycles taking advantage of the IMF Hekima micro credit programme. Insecurity due to incivilities in town constitutes a threat to the development of her business. Thus, for this reason this loan has been diminished. This new loan will enable her to stock up with drinks (4 crates of Primus, 3 crates of orange soda, etc.). In addition, she hopes to see her children grow up and to create a bistro. This client pays tribute to Hekima's initiative for their actions devoted to helping non bankable women to be autonomous.
La cliente Kyakimwa, conseillère de l’association de crédit « Mungu iko », est un entrepreneur dynamique, âgée de 36 ans, mère de 5 enfants qui étudient tous. Son mari est un petit commissionnaire, sans emploi fixe. Elle est vendeuse des boissons (Primus, Fanta). Elle installe ses marchandises dans son petit Kiosque. Elle commença son business avec son fonds propre reçu de son conjoint. Plus tard, elle bénéficia un fond additionnel de crédit de base de l’IMF Hekima. Il y a 5 ans révolus qu’elle exerce ces petites activités pour la survie de sa famille. Cependant, elle vient de réaliser 18 cycles en profitant du programme de microcrédit de l’IMF Hekima. L’insécurité due aux inciviques dans la ville constitue une menace pour le développement de ses activités. Ainsi, donc, pour ce cycle son crédit a été revue à la baisse. Ce nouveau prêt doit lui servir de s’approvisionner avec la boisson (4 casiers de Primus, 3 casiers de Fanta, etc.). En plus, elle souhaite voir ses enfants grandir et créer un bistro. La cliente salut l’initiative de Hekima pour ses actions dédiées à l’autonomisation des femmes non bancables.
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.