The client, who leads the Tuimizane group, is a dynamic entrepreneur. She is 33 years of age, and is a mother to seven children who are all at school. She sells shoes in the Cadeco town market, and her husband is currently unemployed. She started her business in approximately the year 2000, with funds she received from her husband, and was introduced to the business by her peers when she moved to the town of Goma. She uses the money she earns for savings, food and her children’s education. She has just obtained her eighth loan. Since she started her business it has grown, and thanks to her loans from Hekima, she has bought a plot of land. She has decided to increase her loan amount for this new loan cycle, and plans to use the money to buy 30 pairs of shoes. She also hopes to see her children grow up in comfort. She would like to thank Hekima for helping poor women with low incomes to become autonomous.
La cliente, conseillère du groupe de crédit Tuimizane, Femme dynamique, entrepreneur, âgée de 33 ans, mère de 7 enfants qui étudient tous. Elle est vendeuse des souliers au marché urbain de CADECO. Son mari est actuellement chômeur. Elle commença son business vers les années 2000 avec de fonds propres reçu de son mari. Elle fut initiée par ses pairs de lors qu’elle s’installa dans la ville de Goma. Les bénéfices de son activité servent d’épargne, d’alimentation et scolarité pour ses enfants. Cependant, elle vient d’obtenir son 8eme cycle de crédit. Au cours de la période, cette cliente a vu ses affaires prospèrent positivement. Grâce aux crédits de Hekima, elle a réalisé l’achat de la parcelle. Ainsi, elle a décidé d’augmenter son montant de crédit pour ce nouveau cycle. Ce nouveau crédit doit lui servir de s’approvisionner avec 30 paires de souliers. En plus, elle souhaite voir ses enfants grandir en douceur. La cliente remercie Hekima pour les actions d’autonomisation de pauvres femmes à faible revenu.
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.