Manne Du Ciel Group
Nyanchira sells various grocery products and has been involved in this type of commercial activity for the past fifteen years or so. She started her business using a small capital received from her husband. Later on, she joined Hekima's basic community bank program. Today, she is a member of the very small solidarity group "Manne du ciel" which provides slightly higher loan amounts and a longer repayment term.
She will use this new loan to buy two crates of Fanta, two barrels of oil, some soap, Primus (beer), rice etc.
Nyanchira wants to see her children grow up. She would also like to increase the size of her business and build a small shopping center. She thanks Hekima for empowering low-income women excluded from the traditional banking system.
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