Bushashire is an entrepreneur, and leader of the Maombi business group, which consists mostly of women. She is 48 years old, married, and the mother of five children. She and her husband support each other in running their small business. She sells firewood, and she also owns a kiosk where she sells sundries. She has been doing this for over 10 years.
Bushashire has just completed her 14th loan cycle with the Hekima MFI. She originally started her business with a sum of $30 received from her husband.
This new loan will serve to stock up on merchandise for her kiosk (1 carton of soap, 1 box of candy, 50 kg of sugar, some lotion, some Omo detergent, matches, toothbrushes, etc.). She plans to expand her business, send her children to school, and build a block of houses for leasing.
The client Bushashire wishes to thank the Hekima MFI for helping the less fortunate who do not have access to traditional banks.
La cliente Bushashire est entrepreneur, leader du groupe d’affaire « Maombi », âgée de 48 ans, mariée, mère de 5 enfants. Elle s’entraide avec son mari dans leur petit projet de business. La cliente est vendeuse de sticks d’arbre (bois). Elle est aussi propriétaire d’un kiosque pour le petit commerce de divers Il ya plus de 10 ans qu’elle exerce cette activité. Elle vient de réaliser 14 cycles avec le crédit de Hekima. Elle démarra son business avec 30 $ reçu de son mari. Ce nouveau crédit doit lui servir de s’approvisionner avec les articles divers de son kiosque ( 1 carton de savon, 1 carton de bombons, 50 kg de sucré, lotion de beauté, Omo, les alinettes, brosse à dent, etc.) à marchander. En plus, elle ambitionne agrandir son entreprise, scolariser ses enfants et construire un bloc de maison à mettre à location. La cliente remercie Hekima pour ses actions en faveur de pauvres exclus de banque classique. Il sied de signaler que le groupe d’affaire « Maombi» est majoritairement féminin.
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.