Shamy is the treasurer of the Ujamaa loan group. She is a courageous woman, an entrepreneur, a widow, 42 years old and mother of 10 children. She is a seller of groundnuts. Shamy began her business with her own funds, which she received from her husband after they sold their car. She regularly receives loans from Hekima to further her business.
The profits from Shamy's business go to savings, food, and schooling for her children. She has just obtained her 19th loan. During the time she has been borrowing, Shamy has seen her sales rise and has accomplished other small projects for her family. She has thus decided to increase her loan amount for this latest loan.
This new loan will allow Shamy to purchase two bags of groundnuts. Her main challenges are the depletion of her inventory and price fluctuations. Shamy hopes to see her children grow up and to build a fence in the future. She thanks Hekima for their support of poor women with meager incomes.
It should be noted that certain members of the group are shown holding their babies.
La cliente Shamy est trésorière du groupe de crédit Ujamaa, Femme courageuse, entrepreneur, veuve de son état, âgée de 42 ans et mère de 10 enfants. Elle est Vendeuse d’arachides. Il commença ses affaires avec son fonds propre reçu de son mari après vente de leur voiture. La cliente bénéficie régulièrement des crédits de Hekima pour renforcer ses affaires. Les bénéfices de son activité servent d’épargne, d’alimentation et d’appui à la scolarité de ses enfants. Cependant, elle vient d’obtenir son 19eme crédit. Au cours de la période, cette cliente a vu ses ventes augmentées et réaliser d'autres micro projets pour sa famille. Ainsi elle a décidé d’augmenter son montant de crédit pour ce nouveau cycle. Ce nouveau crédit doit lui servir d’acheter les 2 sacs d’arachides. Ses difficultés sont souvent la rupture de stock et la fluctuation de prix lors de semi. La cliente souhaite voir ses enfants grandir et construire une clôture dans le futur. La cliente remercie Hekima pour les actions d’autonomisation de pauvres femmes à faible revenu.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.