The client, leader of the business group ‘la victoire’ (the victory), is 36 years old, married and mother of 3 young children who all attend school. Her husband is an artist. She sells potatoes. She has been active in small income making businesses for over 10 years. However she has just obtained her 16th loan from Hekima.This new loan will enable her to stock up on 10 baskets of potatoes. In addition, her wish is to see her children grow up comfortably and expand her business. This client thanks Hekima for their actions in favour of poor women who are excluded from traditional banking.
La cliente, leader du groupe d’affaire «la victoire », est entrepreneur, âgée de 36 ans, mariée, mère de 3 jeunes enfants, qui étudient tous. Son mari est un artiste peintre. Elle est vendeuse de pomme de terre. Il y a 10 ans révolus qu’elle exerce ces petites activités génératrices de revenus de ce genre. Cependant, elle vient d’obtenir son 16eme crédit de Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec 10 paniers de pommes de terre. En plus, elle souhaite voir ses enfants grandir confortablement et accroitre 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.