Buzake is a teacher (instructor) in a primary school which benefits from loans from IMF Hekima. He is 31 years old, married and the father of 2 young children. His loan will be allocated to his housing project. He has just completed 2 loan cycles with Hekima's program. He will use this new loan to buy 25 pieces of sheet metal, 100 planks, nails and other items so that he can carry out his project to build his own home. He would like to thank Hekima for its micro financing program for teachers.
Le client Buzake est enseignant (moniteur) dans une école primaire, qui bénéficie des crédits de l’IMF Hekima. Il est âgé de 31 ans, marié et père de 2 jeunes enfants. Son crédit sera affecté dans le projet d’habitat.Il vient de réaliser 2 cycles dans le programme de Hekima. Avec ce nouveau cycle de crédit,Il va acheter 25 tôles, 100 planches, clous, etc. pour la réalisation du projet de construction de sa maison. Ainsi, Il remercie Hekima pour son programme de microcrédit aux enseignants.
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.