The client Joséphine is an entrepreneur, and the leader of the business group Changamuka. She is 32 years old, married, and the mother of four children. Her spouse is a functionary of the state and works for the water company (REGIDESO). The client sells used boots. She sets up her merchandise in Goma's downtown. She started her business with her own money. She has worked in this business for ten years. She has just finished eight cycles in the IMF Hekima program. This new loan will be used to stock up with 25 pairs of used boots. Additionally, she aspires to make her business more durable, and open a store that sells salted fish. The client thanks IMF Hekima for its actions dedicated to poor women excluded from traditional banking. It is suitable to mention that the client is holding her baby.
La cliente Joséphine est entrepreneur, leader du groupe d’affaire Changamuka, âgée de 32 ans, mariée, mère de 4 enfants. Son conjoint est un fonctionnaire de l’Etat dans une entreprise publique « la REGIDESO ». La cliente est vendeuse des souliers usagers. Elle installe ses marchandises dans le centre ville de Goma. Elle démarra son activité avec son fonds propre. Il ya 10 ans, elle exerce cette activité. Elle vient de réaliser 8 cycles dans le programme de l’IMF Hekima. Ce nouveau prêt doit lui servir de s’approvisionner avec 25 paires de souliers usagers. En plus, elle ambitionne pérenniser son entreprise, ouvrir un dépôt de vente poissons salés. La cliente remercie l’IMF Hekima pour ses actions dédiées aux pauvres femmes exclues de banque classique.Il sied de signaler, qu'une cliente détient son bébé.
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.