Bahati is a female entrepreneur with the loan group Mujembere. She is the mother of 5 children, all of whom attend school, and is 35 years old. Bahati, a seller of African wrap cloths, is requesting this loan in order to be able to stock herself up with 50 pieces of the cloth. She hopes for the growth of her business and to one day be able to buy a home. She thanks Hekima.
Bahati est femme entrepreneur de l’association de credit Mujembere. Mère de 5 enfants tous scolarisés; est agée de 35 ans. Vendeuse des pagnes africains, elle sollicite ce credit pour constituer sa provision des 50 pièces. Elle souhaite la croissance de ses activités et l’achat d’une maison d’habitation. Elle remercie Hekima.
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.