N. B. is an entrepreneur, president of the business group "The Glory of the Lord". She is 48 years old, married, and the mother of 8 children, all of whom are in school. Her husband is a watchman in "Station Africom," a petroleum company. N. B. sells food products. She set herself up along the street that runs through the avenues of her neighborhood. She has just completed 8 operational cycles while benefiting from MFI Hekima loans. This new loan will enable her to stock up with new products (30 kilos of peanuts, a can of oil, 50 kilos of beans, 25 kilos of rice, etc..) In addition, her goal is to expand her company and to build a comfortable home for her family. N. B. thanks Hekima for its actions in favor of poor people excluded from traditional banks. It should be noted that the business group "The Glory of the Lord" is mostly women.
N. B. est entrepreneur, présidente du groupe d’affaire « La Gloire du Seigneur », âgée de 48 ans, mariée, mère de 8 enfants et tous fréquentent l’école. Son mari est une sentinelle dans une entreprise Pétrolière « Station Africom ». La cliente N. B. est vendeuse des produits des denrées alimentaires. Elle s’installe au long de la rue donnant axer aux avenues de son quartier. Elle vient de réaliser 8 cycles opérationnels en bénéficiant de crédit de l’IMF Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec des nouveaux produits (30 kilos d’arachides, 1 bidon d’huile, 50 kilos de haricots, 25 kilos de riz, etc. En plus, elle ambitionne agrandir son entreprise et construire confortablement une maison pour sa famille. La cliente N. B. remercie Hekima pour ses actions en faveur de pauvres exclus de banque classique. Il sied de signaler que le groupe d’affaire « La Gloire du Seigneur » est majoritairement féminins.
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.