Kavira, the customer, is the leader of the loan group Ishara and the mother of 7 children who all attend school. Her spouse is a teacher in a catholic primary school. This businesswomen sells clothing and has been doing so for nearly 15 years. Despite the challenges and other consequences of war, the customer is renewing her loan so that she can restock her inventory with items like trousers for adults and clothing for children. She would like to increase her capital in the near future and thus thanks Hekima for its support of small entrepreneurs.
La cliente Kavira est présidente du groupe de crédit Ishara, mère de 7 enfants, qui vont tous à l’école. Son conjoint est un enseignant dans une école primaire dans le réseau catholique. L’entrepreneur est vendeuse d’habillement. Bientôt 15 ans, elle exerce cette activité. Malgré le défi et autres conséquences de guerre, la cliente renouvelle son prêt pour s’approvisionner avec un nouveau stock (pantalon adultes, habillement juniors, etc. Elle souhaite accroitre son capital dans un futur proche. Ainsi, elle remercie Hekima pour son soutient aux petits entrepreneurs.
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.