The customer, Christine, is the leader of the Juhudi business group. She is a fifty-year old entrepreneur, married, and a mother of ten; all the children have schooling, and some have their own families. She retails fabrics to ladies. Her husband is a hotel cook.
She displays her merchandise along active streets and avenues. She has been doing business in this way for over nine years. However, she just went through 20 loan cycles with Hekima's lending. This new loan should allow her to stock up with two bundles of fabrics (bed sheets). In addition, her ambition is to keep her children in school and to buy a lot to build a comfortable house.
The customer thanks Hekima for its actions in favor of poor women excluded from traditional banking. It should be noted that a majority of group Juhudi's members are women.
La cliente Christine, leader du groupe d’affaire « Juhudi », est entrepreneur, âgée de 50 ans, mariée, mère de 10 enfants qui étudient tous et d’autres ont leurs propres foyers. Elle est vendeuse de tissus dames. Son mari est un hôtelier cuisinier. Elle installe ses marchandises au long de la rue ambiante des avenues. Il y a 9 ans révolus qu’elle exerce ces activités. Cependant, elle vient de réaliser 20 cycles avec le crédit de Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec 2 ballons de tissus (draps de lit). En plus, elle ambitionne scolariser ses enfants et acheter une parcelle pour y construire confortablement. La cliente remercie Hekima pour ses actions en faveur de pauvres femmes exclues de banque classique. Il sied de signaler que le groupe d’affaire « Juhudi» 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.