The borrower Nyambura is the treasurer of the loan group Nabari Njema. She is an entrepreneur, married, and the mother of eight children. Her husband is a vendor of various products. The borrower sells grocery products. She started with her own money. She has completed eight loan cycles with the Hekima program. This new loan will allow her to buy 25 liters of palm oil, 50 liters of Rina vegetable oil, 50 kg of flour, etc. The lower exchange rate due to the variation in tax rates and insecurity constitute the main challenges for her business. The borrower very much wants for her children to be educated. Therefore, she thanks Hekima for its support of small business owners.
La cliente Nyambura est trésorière du groupe de crédit Habari Njema. Elle est entrepreneur, mariée et mère de 8 enfants. Son conjoint est vendeur de divers. La cliente vend les denrées alimentaires. Elle commença avec son fonds propre. Elle vient de réaliser 8 cycles de crédit dans le programme Hekima. Ce nouveau crédit doit lui servir de payer 25 litres d’huile de palmes, 50 litres d’huile de Rina, 50 kg de farine, etc. La perte de change due à la variation de taux, l’insécurité constituent le défi majeur pour ses activités. La cliente ambitionne scolariser ses enfants. Ainsi,la cliente remercie Hekima pour son soutien aux petits entrepreneurs.
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.