The leader of the loan group "La Fraternité," is a 35-year-old entrepreneur. She is divorced and has seven young children, who all go to school. She sells fish, having started the business at the time of her divorce. She has been involved in these small, income-producing activities for four years. However, she has just received her fifth loan from Hekima. This new loan will allow her to buy two baskets of fish, etc. In addition, she would like to see her children grow up, and build a house for her children. She s grateful to Hekima for helping poor women excluded from traditional banks to become independent. It is worth pointing out that some clients are carrying their babies.
La cliente, leader du groupe de crédit «La fraternité », est entrepreneur, âgée de 35 ans, divorcée, mère de 7 jeunes enfants, qui étudient tous. Elle est vendeuses de poissons. Elle a commencé cette entreprise de lors qu’elle divorça avec son ex mari. Il y a 4 ans révolus qu’elle exerce ces petites activités génératrices de revenus de ce genre. Cependant, elle vient d’obtenir son 5eme crédit de Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec 2 paniers de poissons,etc. En plus, elle souhaite voir ses enfants grandir et construire une maison pour ses enfants. La cliente remercie Hekima pour les actions d’autonomisation de pauvres femmes exclues de banque classique. Il sied de signaler que certaines clientes portent leurs bébés.
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.