The client, a member of the business group, is a 36-year-old businesswoman. She is married and the mother of five children, all of whom are in school. Her husband is unemployed. She sells bananas, shikwange (ground manioc cooked in a banana leaf), peanuts, etc. downtown. She has been running similar small business since the 90s, and just obtained her 16th loan through Hekima. This new loan will allow her to buy two baskets of peanuts, five bunches of bananas, beans, flour, etc. She is currently experiencing difficulty in her business after diseases ravaged banana trees and other plants in the region. She wants to see her children grow up comfortably, and she would like to buy a piece of land in the future. She thanks Hekima for helping poor women who are excluded from traditional banks.
La cliente, membre du groupe d’affaire, est entrepreneur, âgée de 36 ans, mariée, mère de 5 jeunes enfants, qui étudient tous. Son mari est un chômeur. Elle est vendeuse de bananes, shikwange, arachides, etc. dans le centre ville. Depuis les années 90, 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 2 paniers d’arachides, 5 régimes de bananes, les haricots, farine, etc. actuellement, cette cliente connait de difficulté dans son business suite aux maladies qui ravagent les bananiers et autres plantes dans la région. En plus, elle souhaite voir ses enfants grandir confortablement et acheter une parcelle dans le futur. 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.