Mrs. Mwavita, a member of the Uamimfu group, has been a client of Hekima for over three years. 40 years old, she is married to a vendor and has five children, all of whom are in school. She sells at the central market. She is seeking this loan to buy 10 dozens of empty kegs for resale. Her goal is to rent a more spacious sales stand to increase her activity. She thanks Hekima for its support of low-income women.
Madame Mwavita, membre du groupe Uamimifu est cliente de Hekima depuis plus de 3ans. Agée de 40 ans, elle est mariée à un commerçant et mère de 5 enfants tous scolarisés. Vendeuse au marché central, elle sollicite ce prêt pour acheter 10 dizaines de fût vide pour revendre par la suite. Son objectif est de loué un endroit plus spacieux pour la croissance de son activité et remercie Hekima pour son appui aux femmes à faible revenu.
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.