Nkubonage Z. is an entrepreneur, and an advisor to the "Baraka Alanine" group, composed primarily of women . She is 39 years old, and a married mother of eight. Her husband is a self-employed driver/mechanic. Nkubonage Z. sells various items of clothing at the Katindo-Alanine town market. She has worked in this field for the past four years, having started out with $250 from her husband. This new loan will enable her to stock up on dresses to sell (10 boubous - African robes, 50 "bodys", 70 skirts, and 30 headscarves). Furthermore, she is seeking to grow her business and to see to her children's education up to BAC+5 (post-secondary education). Nkubonage Z. would like to thank Hekima for helping those excluded from ordinary banking activities.
Nkubonage Z. est entrepreneur, conseillère du groupe d’affaire « Baraka Alanine », âgée de 39 ans, mariée, mère de 8 enfants. Son mari est un chauffeur mécanicien indépendant. La cliente Nkubonage Z. est vendeuse des articles divers au marché communal de Katindo -Alanine. Il ya 4 ans qu’elle est exerce cette activité. Elle démarra son business avec 250$ reçu de son mari. Ce nouveau crédit doit lui servir de s’approvisionner avec les habits à revendre (10 boubous, 50 bodys, 70 jupes, 30 écharpes foulards). En plus, elle ambitionne agrandir son entreprise, scolariser ses enfants jusqu’au niveau de BAC +5. La cliente Nkubonage Z. remercie Hekima pour ses actions en faveur de pauvres exclus de banque classique. Il sied de signaler que le groupe d’affaire « Baraka Alanine » 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.