The client Nkubonage is an entrepreneur, adviser to the group "Baraka Alanine", about 40 years old, married and mother to 8 children. Her husband is an independent driver mechanic. The client sells diverse items at the Katindo market. She has been practicing this business for 4 years. She started her business with her own money received from her husband. This new loan will serve to stock up in outfits to resell (10 leotards, 10 skirts, 10 scarves, 6 'boubous'). In addition, she aims to expand her business, and school her children up to the level of BAC +5. The client thanks Hekima for its actions to help poor women excluded from traditional banking.
La cliente Nkubonage est entrepreneur, conseillère du groupe d’affaire « Baraka Alanine », âgée d’environ 40 ans, mariée, mère de 8 enfants. Son mari est un chauffeur mécanicien indépendant. La cliente est vendeuse des articles divers au marché de Katindo. Il ya 4 ans révolus, elle exerce cette activité. Elle démarra son business avec son fonds propre reçu de son mari. Ce nouveau crédit doit lui servir de s’approvisionner avec les habits à revendre (10 bodys, 10 jupes, 10 écharpes foulards, 6 boubous). En plus, elle ambitionne agrandir son entreprise, scolariser ses enfants jusqu’au niveau de BAC +5. La cliente remercie Hekima pour ses actions en faveur de pauvres femmes 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.