The customer, Cirezi, is an efficient woman, who is 40 years old and a member of the Ambika loan group. She is married to a primary school teacher and is mother to six children who are all at school. She began her business in 2009 with a capital of USD300 funded by her husband, and in 2010 she joined the Hekima loan group; today she has own capital of USD2000. The loan she has requested will enable her to get fresh supplies: ten bags of small fried fish. She thanks Hekima for her loan and prays to God to bless it even more.
La cliente Chirezi est une femme efficace, âgée de 40ans et membre du groupe de crédit ambika. Elle est mariée à un enseignant d’une école primaire et mère de 6 enfants tous scolarisés. Elle avait débuté son activité en 2009 avec un capital de 300$ financé par son mari et en 2010 elle a adhéré au groupe de crédit de Hekima et dispose à ce jour un capital propre de 2000$. Le crédit sollicité va lui permettre de faire l’approvisionnement de 10sacs des fretins. Elle remercie Hekima pour son crédit et prie Dieu de le bénir d’avantage.
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.