The client Faida, leader of the business group Zawadi, is a courageous entrepreneur. She is about 48 years old, married and the mother of 9 young children who all study. Her husband is a shopkeeper. She sells foodstuffs (groundnuts, ndagara [small local fish], etc.). She has been practicing these small businesses for about 12 years. However, she has just completed 21 loan cycles with the micro loan programme of the MFI Hekima. This new loan must serve to stock her up with 2 bags of groundnuts, 1 bag of ndagara [small local fish], etc. In addition, she wishes to see her children grow and grow her business. The profits from her businesses allow her to save, and to pay for the schooling, clothing, food, etc., for her family. The client thanks Hekima for its actions in favor of poor women who are not bankable. It is proper to indicate that one client is carrying her baby.
La cliente Faida, leader du groupe d’affaire «Zawadi », est entrepreneur courageux, âgée d’environ 48 ans, mariée, mère de 9 jeunes enfants, qui étudient tous. Son mari est un petit commerçant. Elle est vendeuse des de denrées alimentaires (arachides, ndagara, etc.). Environs 12 ans, elle exerce ces petites activités. Cependant, elle vient de réaliser 21 cycles de crédit dans le programme de microcrédit de l’IMF Hekima. Ce nouveau prêt doit lui servir de s’approvisionner avec 2 sacs des arachides, 1 sac de ndagara, etc. En plus, elle souhaite voir ses enfants grandir et accroitre son entreprise. Les bénéfices de ses activités lui servent de réaliser l’épargner, de payer la scolarité, l’habillement, la nourriture, etc., pour sa famille. La cliente remercie Hekima pour ses actions en faveur de pauvres femmes non bancables. Il sied de signaler qu'une cliente porte 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.