The customer, Chibonga, who represents the "Dynamique" business group, is a 39 year old female entrepreneur, who lives by herself and has two children who are both studying. She sells used shoes along the busy Katoyi district road in Mabanga. She has been carrying out this business since 2007 and during this time has had six community banking loans from Hekima. This new loan will allow her to get 20 pairs of used shoes, and the rest of the money will be used for small family projects. Furthermore, her ambition is to be able to educate her children and to buy a piece of land on which to build a house. The customer is grateful to Hekima for its actions in favor of poor women who cannot access classic banks. The "Dynamique" group is characterised by work and success in business.
La cliente Chibonga, représente du groupe d’affaire « Dynamique » est entrepreneur, âgée de 39 ans, femme vivant seule, mère de 2 enfants qui étudient tous. Elle est vendeuse de souliers usés au long de la rue ambiante de Katoyi-Quartier Mabanga. Depuis 2007, elle exerce cette activité. Cependant, elle vient de réaliser 6 cycles avec le crédit de Hekima dans la banque communautaire. Ce nouveau crédit doit lui servir de s’approvisionner avec 20 paires de souliers usés et le reste d’argent sera affecté dans les petits projets de la famille. En plus, elle ambitionne scolariser ses enfants et acheter une parcelle pour y construire sa maison. La cliente remercie Hekima pour ses actions en faveur de pauvres femmes exclues de banque classique. Le groupe « Dynamique » reste caractériser par le travail et le succès dans les affaires.
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.