Ntabalikirwa A. is a businesswoman and president of the Omega group. She is 45 years old, married, and mother of 8 children who are all studying. Her husband sells bags and packaging. She operates a small business of selling used clothing. She started her business thanks to funds given to her by her husband, and she has now been in business for 4 years. Later on, she received a loan from the Microfinance Insitution Hekima. She sets her products up at the central market. This new loan should help her increase her turnover. Moreover, her ambition is to become a wholesaler of used clothing. The client Ntabalikirwa A. would like to thank Hekima for its support to poor people excluded from conventional banking system. It should be noted that the Omega group members are mainly women.
Ntabalikirwa A. est entrepreneur, présidente du groupe Omega, âgée de 45 ans, mariée, mère de 8 enfants, tous étudient confortablement. Son mari est vendeur des sacs et sachets emballages. Elle fait le petit commerce de vente habits usagés. Elle commença son business avec son fonds propre reçu de son mari. Il ya 4 ans, qu’elle est en activité. Plus tard, elle bénéficia de crédit de l’IMF Hekima. Elle installe ses produits au marché central. Ce nouveau crédit doit lui servir renforcer son chiffre d’affaire. En plus, elle ambitionne devenir grossiste des habits usagés. La cliente Ntabalikirwa A. remercie Hekima pour ses actions en faveur de pauvres exclus de banque classique. Il sied de signaler que le groupe Omega est majoritairement féminins.
More information about this loan
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.