The customer, Kavira, is a member of the Tuungane group. She is 32 years old, widowed and the mother of 2 children. Her husband died after a short illness. All her children go to primary school. She has been selling clothing and various items for 5 years. She started her business with funds she received from her husband before his death. She displays her merchandise at the central market of Virunga.
This new loan will allow her to increase her turnover by buying items including 4 dozen sets of clothing for children, 6 pairs of trousers and 6 shirts for adults, 10 skirts and some dresses. Her biggest problem is that she sometimes sells on credit and some customers either make late payments or don't pay at all. She is also often the victim of looting along the road. She would like to see her children grow up and to provide a better future for them.
The customer would like to thank Hekima for its actions in aid of impoverished people excluded from regular bank lending channels.
La cliente Kavira est membre du groupe Tuungane, âgée de 32 ans, jeune veuve, mère de 2 enfants, son mari est décédé suite à une courte maladie. Tous ses enfants étudient à l’école primaire. Il y a 5 ans qu’elle exerce le petit commerce d’habillement et articles divers. Elle a commence avec ses fonds propre reçu de son mari avant sa mort. Elle expose ses marchandises dans le marché central de Virunga. Ce nouveau crédit va lui permettre d’augmenter son chiffre d’affaire en achetant 4 douzaines d’habits juniors et 6 pantalons, 6 chemises pour adultes, 10 jupes, robes, etc. Le grand obstacle est qu’elle vend parfois en crédit et que certains clients ne lui payent pas ou parfois payent avec retard. En plus, elle est souvent victime de pillage au long de la route. Elle souhaite voir ses enfants grandir et préparer leur avenir meilleur. La cliente remercie Hekima pour ses actions en faveur de pauvres exclues de banque classique.
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.