The customer, who is leader of the Tunashukuru business group, is a young entrepreneur and she is 30 years old, married and mother to five young children who all go to school. Her husband is the director of a Muslim primary school. She sells precious objects (jewels, rings, identity bracelets, medals etc.). She displays the objects in a small chest either in her home or at her closest customers' homes. She has been carrying out small income-generating activities of this kind for the past three years. Meanwhile, she has just been granted her tenth loan from Hekima. This new loan will be used to get fresh supplies of jewelry, medals, etc. Moreover she wants to see her children grow up in comfort and also increase the value of her business. The customer is grateful to Hekima for its actions in favour of poor women who do not have access to classic banks.
La cliente, leader du groupe d’affaire «Tunashukuru », est jeune entrepreneur, âgée de 30 ans, mariée, mère de 5 jeunes enfants, qui étudient tous. Son mari est un Directeur d’une école primaire musulmane. Elle est vendeuse d’objet précieux (bijoux, bagues, gourmette, médailles, etc.). Elle expose des articles dans un petit coffre à son domicile ou auprès de sa clientèle la plus proche. Il y a 3 ans révolus qu’elle exerce ces petites activités génératrices de revenus de ce genre. Cependant, elle vient d’obtenir son 10eme crédit de Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec des bijoux, médailles, etc. En plus, elle souhaite voir ses enfants grandir confortablement et accroitre son entreprise en valeur. 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.