Our client Kakule, leader of the «Maisha » group, is a young entrpreneur, 34 years of age, married and the mother of three young children, all of whom go to primary school. Her husband is a teacher. She is a partner in a pharmacy. She has her shop set up in a commercial building. She has been doing this work to earn a bit of extra income for 13 years already. She just completed eight loan cycles with Hekima. Her starting capital of $300 was received from her husband, when he used to work for an international organization. This new loan will allow her to renew her stock by buying five boxes of common generic mediations for resale. In addition, she would like her children to grow up in comfort and to expand her business. This client thanks Hekima for its work in support of impoverished women who do not have access to traditional banking.
La cliente Kakule, leader du groupe d’affaire «Maisha », est jeune entrepreneur, âgée de 34 ans, mariée, mère de 3 jeunes enfants, qui étudient tous à l’école primaire. Son mari est un enseignant. Elle est sociétaire d’une pharmacie. Elle s’installe dans une officine commerciale. Il y a 13 ans révolus qu’elle exerce ces petites activités génératrices de revenus de ce genre. Cependant, elle vient de réaliser 8 cycles avec le crédit de Hekima. Son premier capital fut 300$ reçu d’un décompte de son mari, lors que ce dernier travaillait dans un organisme international. Ce nouveau crédit doit lui servir de s’approvisionner avec 5 cartons de médicaments essentiels et génériques 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.