Ciza is the president of the Chilerabana business group. She is 40 years old, married, and has eight children, all in school. Her husband is a farmer. Ciza runs a small business selling food products and, thanks to the profits from this activity, manages to support her family. This new loan will serve to supply her with new merchandise, including 50 sets of salted fish, half a set of smoked fish, and one bag of small fry. In addition, she would like to expand her business and ensure a good standard of living for her family. Ciza is grateful to the microfinance institution Hekima for its work.
La cliente Ciza est présidente du groupe d’affaire Chilerabana, âgée de 40 ans, mariée, mère de 8 enfants tous scolarisés. Son mari est cultivateur. La cliente fait le petit commerce des produits vivriers et grâce aux bénéfices de ses affaires elle arrive à supporter sa famille. Ce nouveau crédit doit lui servir de s’approvisionner en des nouvelles marchandises dont 50 pièces de poisons salés, ½ de poissons fumés et 1 sac de fretins. En plus, elle voudrait agrandir son entreprise et assurer une bonne survie à famille. La cliente remercie l’IMF Hekima pour ses actions.
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.