The client Mukiti is a shopkeeper and member of the business association Akonkwa. She is a young single woman, 25 years old and responsible for the two children under her supervision. She sells a variety of items and is a member of a boutique. She requested a loan from Hekima. She is going to buy 2 bags of wheat flour, one bag of rice, matches, soaps, one bag of sugar, candies, cookies, Nido milk, beauty lotions, etc. to grow her business. She started with her own funds received from her parents. In the future, she dreams of becoming a great business woman and buying a car. Thus, she thanks Hekima for supporting female entrepreneurs excluded from the traditional banking system.
La cliente Mukiti est une commerçante et membre d’une association d’affaires « Akonkwa », jeune femme célibataire, âgée de 25 ans et responsable des deux enfants sous sa tutelle. Elle est vendeuse des articles divers et sociétaire d’une boutique. Elle a sollicité un crédit auprès de Hekima. Elle va acheter 2 sacs de farine formants, un sac de riz, les allumettes, savons, un sac de sucre, des bonbons, biscuits, lait Nido, lotion de beauté, etc., pour accroitre son entreprise. Elle avait commencé avec ses fonds propre reçu de ses parents. Dans l’avenir, elle rêve devenir une grande femme d’affaires et acheter une voiture. Ainsi, elle remercie Hekima pour son soutien aux femmes entrepreneurs exclues du système bancaire classique.
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.