The client is a young entrepreneur by the name of Asha. She is the leader of the “Upendo-Kahembe" group. She is 21 years old and the mother of two young children. She sells fish and beverages. Her husband is unemployed. She sets up her goods for sale at the communal market of Kahembe. She has been doing these to earn some money for four years. She just finished five lending cylces with Hekima. This new loan will allow her to stock up by buying three baskets of fish and 10 cases of beverages (Fanta, Primus, Aigle) for resale. Moreover, she would like to see her children grow up in a comfortable environment and to buy a land plot. The clien thanks Hekima for its work in favor of impoverished women who lack access to traditional banking.
La cliente Asha, leader du groupe d’affaire «Upendo-Kahembe », est jeune entrepreneur, âgée de 21 ans, mère de 2 jeunes enfants. Elle est vendeuse de poissons et des boissons. Son mari est chômeur. Elle installe ses marchandises au marché communal de Kahembe. Il y a 4 ans révolus qu’elle exerce ces petites activités génératrices de revenus de ce genre. Cependant, elle vient de réaliser 5 cycles avec le crédit de Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec 3 paniers de poissons à marchander et 10 casiers de boissons (Fanta, Primus, Aigle). En plus, elle souhaite voir ses enfants grandir confortablement et acheter une parcelle. La cliente remercie Hekima pour ses actions en faveur de pauvres femmes exclues de banque classique.
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.