The borrower Tulia is an entrepreneur, and is advice-giver and representative of the business group 'La Source'. She is over 60 years old, married, and the mother of seven children. Her eldest and youngest children are, respectively, 43 and 28 years old. Her husband is a driver. The borrower sells sweet drinks (Fanta, Coke). She sells her products from home. She started her business with funds received from her husband. She has been in business more than three years. This new loan will be used for her to stock up on new merchandise (32 racks of Fanta and Coke). Additionally, her ambition is to grow her business and to spend the rest of her life peacefully with her husband and grandchildren. The borrower thanks Hekima for its actions dedicated to poor women not served by traditional banks.
La cliente Tulia est entrepreneur, conseillère et doyenne du groupe d’affaire la Source, âgée de plus de 60 ans, mariée, mère de 7 enfants. Ses fils aîné et cadette sont respectivement âgés de 43 ans et 28 ans. Son mari est un chauffeur. La cliente est vendeuse des boissons sucrées (Fanta, Coca). Elle vend ses produits à son domicile. Elle démarra son activité avec un fonds reçu de son mari. Il y a plus de 3 ans qu’elle est en activité. Ce nouveau crédit doit lui servir de s’approvisionner avec des nouvelles marchandises (32 casiers de Fanta sucré et Coca).En plus, elle ambitionne agrandir son entreprise, passer le reste de sa vie en paix avec ses enfants et petits fils. La cliente remercie Hekima pour ses actions dédiées aux pauvres femmes non bancables.
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.