The client Chikwanine is the president and most senior member of the lending group Shangilieni. She is raising her hand in the photo. She is widowed and mother of seven children who are all studying. Her husband died around 2005 after a short illness. During this time, she has provided for her children's expenses by herself. These expenses weigh heavily on the rapid growth of her business. She sells sweet drinks and is a member of a small hardware shop. She has been in this business for eight years. She started her small business with her own money, received from her deceased husband. Later, she benefited from a loan from the IMF Hekima program. This new loan will be used to buy five cases of Fanta. The client permanently thanks IMF Hekima for the loans she receives without any material security because thanks to these loans, she has been able to build a wooden house with 10 rooms, which she rents out. The income from the rental of this house allows her to provide for her children's needs.
La cliente Chikwanine est présidente et doyenne du groupe de crédit Shangilieni, elle lève sa main sur la photo, veuve, mère de 7 enfants qui étudient tous. Son mari est décédé vers les années 2005 suite à une courte maladie. Pendant ce temps, elle supporte seule la charge de ses enfants. Cette charge pèse lourdement sur croissance rapide de son business. Elle est vendeuse de boissons sucrées et sociétaire d’une petite Quincaillerie. Il y a 8 ans qu’elle exerce ce business. Elle a commencé son petit commerce avec son fonds propre reçu de son défunt mari. Plus tard, elle bénéficia de crédit du programme de l’IMF Hekima. Ce nouveau crédit doit lui servir d’acheter 5 casiers de Fanta. Ainsi, la cliente remercie l’IMF Hekima pour les crédits qu’elle reçoit de manière permanente sans aucune garantie matérielle car grâce à ces crédits, elle a parvenu à construire une maison en planche de 10 chambres, qu’elle met à location. Les recettes de loyer de cette maison lui permettent de subvenir aux besoins de ses enfants.
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.