The client Kahambu is the head of the Tusaidiane loan group where the members are 53 years old on average. She is married and is the mother of 12 children and several grandchildren. Her husband is a pastor at a Baptist church. The client sells fritters and cakes out of her home.
She started her company with revolving credit from a local development bank. She's been running her small business for close to 5 years. She just completed 23 cycles with Hekima's microloan program. It’s thanks to this loan, she says, that her children can comfortably study in the local universities.
Her small amount of capital is a big challenge for her as an entrepreneur. This new loan will help her buy wheat flour, yeast, sugar, etc. The rest of the money will be used to pay for her children's schooling. She would like to grow her business.
She thanks Hekima for their support and for the empowerment of female entrepreneurs.
La cliente Kahambu est la doyenne du collectif de crédit Tusaidiane, âgée d’environs 53 ans. Elle est mariée et mère de 12 enfants et plusieurs petits fils. Son mari est un serviteur de Dieu, Pasteur dans une église baptiste. La cliente est vendeuse de beignets, de gâteaux à son domicile. Elle commença son entreprise avec le crédit rotatif d’un mutuel locale de développement. Il ya plus de 5 ans, elle exerce cette petite activité économique. Elle vient de réaliser 23 cycles dans le programme de microcrédit de Hekima. Dit-elle, que grâce à ce prêt, ses enfants étudient confortablement dans les universités de la place. Le faible capital constitue un défi majeur pour cet entrepreneur. Ce nouveau prêt doit lui servir de s’approvisionner avec la farine froment, levures, sucres, etc. Le reste d’argent servira pour payer les frais académiques pour ses enfants. Elle ambitionne agrandir son entreprise. Ainsi, elle remercie Hekima pour son appui et autonomisation des petits entrepreneurs femmes
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.