This client, by the name of Sakina, is a courageous woman. She is 47 years old, a member of the Tulihano loan group and married to an entrepreneur. She launched her business in 2009 with three boxes of soap financed by her husband, and in 2010 she joined the Hekima loan program. This loan will allow her to stock up on various staple products (such as manioc [cassava] flour, one bag of rice, 10 liters of vegetable oil, one bag of sugar and one box of soap). She thanks Hekima and prays to God for continuous blessings.
La cliente Sakina est une femme courageuse. Agée de 47 ans, membre du groupe de crédit Tulihano est mariée à un homme d’affaire. Elle avait débuté son activité en 2009 avec 3 cartons de savon financé par son mari et en 2010 elle a adhéré au crédit de Hekima. Ce crédit sollicité va lui permettre de s’approvisionner en divers produis vivriers (dont la farine de manioc,1 sac de riz, 10 litres d'huile végétale, 1 sac de sucre et 1 carton de savon). Elle remercie Hekima et prie Dieu de le bénir d’avantage.
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.
A portion of Tulihano Group's $4,550 loan helped a member to stock up on various staple products (such as manioc [cassava] flour, one bag of rice, 10 liters of vegetable oil, one bag of sugar and one box of soap).