The featured client, Nazirira, is the leader of the “Baraka Alanine” business group. She is a young entrepreneur and a 38-year-old mother of four young children who are still in elementary school. She sells clothing (pants and shirts, children’s clothing, pagnes and skirts). Her husband is a small-scale retailer. She sets up her items for sale in the Himbi-Katindo neighborhood market. She has been doing these sorts of small-scale income-generating activities for nine years, but has recently completed 10 loan cycles with Hekima. This newest loan will help her increase her stock with two dozen pairs of pants and shirts to sell. In addition, she wants to see her children grow up comfortably and grow her business. The featured client would like to thank Hekima for its work on behalf of disadvantaged women who don’t have access to conventional banks.
La cliente Nazirira, leader du groupe d’affaire «Baraka Alanine », est jeune entrepreneur, âgée de 38 ans, mère de 4 jeunes enfants, qui étudient encore à l’école primaire. Elle est vendeuse d’habits (pantalons et chemises, habits enfants, pagnes, jupes). Son mari est un petit commerçant. Elle installe ses marchandises au marché communal Himbi-katindo. Il y a 9 ans révolus qu’elle exerce ces petites activités génératrices de revenus de ce genre. Cependant, elle vient de réaliser 10 cycles avec le crédit de Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec 2 dizaines de pantalons et de chemises à marchander. En plus, elle souhaite voir ses enfants grandir confortablement et agrandir son entreprise. La cliente remercie Hekima pour ses actions en faveur de pauvres femmes exclues de banque classique.
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.