This client, Suzana, is an entrepreneur and the leader and most senior member of the business group Chance. She is about 60 years old and the mother of ten children. Her husband is a local leader. This client is a charcoal vendor. She is set up at the Afia Bora small market and has been doing this work since she was young.
Around 2008, she benefited from an initial loan from the microfinance institution Hekima for bolstering her capital. This new loan must serve to increase her sales by purchasing 10 sacks of charcoal. Her ambition is to make her enterprise sustainable.
This client confirms she has fulfilled so many projects with Hekima loans. She thanks Hekima for its actions dedicated to poor unbanked women.
La cliente Suzana est entrepreneur, leader et doyenne du groupe d’affaire Chance, âgée d’environ 60 ans, mariée, mère de 10 enfants. Son conjoint est un chef d’avenue. La cliente est vendeuse des braises. Elle s’installe dans le petit marché Afia Bora. Depuis sa jeunesse, elle exerce cette activité. Vers 2008, elle bénéficia de premier crédit de l’IMF Hekima pour renforcer son capital. Ce nouveau crédit doit lui servir d’accroitre son chiffre d’affaire en achetant 10 sacs de braises. Elle ambitionne pérenniser son entreprise. La cliente confirme avoir réalisé tant des projets avec le crédit de l’IMF Hekima. La cliente remercie l’IMF Hekima pour ses actions dédiées aux pauvres femmes non bancables.
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.