Françoise is a dynamic and ambitious entrepreneur, and vice-president of the Mama Inuka group. She is around 43 years old, divorced and the mother of 6 children. She sells palm oil. She started her business with her own funds, which she received from her ex-husband before they got divorced. Later on, she benefited from additional funds in the form of loans from IMF Hekima to reinforce her capital. She has been in business for 3 years. She displays her products on the side of a road in the Ndosho district. This new loan should be used to buy supplies including 2 cans of palm oil, 2 bags of rice and 1 bag of beans. Her aim is to build up her savings account and make sure her children are properly clothed, fed and educated. The customer would like to thank Hekima for its actions in aid of impoverished women excluded from regular bank lending channels.
La cliente Françoise est entrepreneur dynamique ambitieux, alors vice présidente du groupe Mama Inuka, âgée d’environ 43 ans, divorcée, mère de 6 enfants. Elle vend l’huile de palme. Elle commença son business avec son fonds propre reçu de son ex mari avant qu’ils divorcent. Plus tard, elle bénéficia de fonds additionnel de crédit de l’IMF Hekima pour renforcer son capital. Il ya 3 ans, elle est en activité. Elle installe ses produits au long de la rue dans le quartier Ndosho. Ce nouveau crédit doit lui servir de s’approvisionner avec les 2 fus d’huile de palme, 2 sacs de riz, 1 sac de haricot,etc. En plus, elle ambitionne augmenter son compte épargne, scolariser, nourrir et vêtir confortablement ses enfants. La cliente remercie Hekima pour ses actions en faveur de pauvres femmes exclues non bancables.
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.