The client Zaina is vice president of the credit group Wariti. She is a widow, a dynamic woman, ambitious, a self-taught entrepreneur, 48 years old, and mother to 7 children. She sells fish. Her husband died unexpectedly from a short illness. She started her business with a micro loan received from the MFI Hekima. However, she has just completed 9 loan cycles. During this period, this client saw her business regress following the growing insecurity in the supply zones, specifically in Rutshuru. This new loan must serve to supply her with 3 baskets of fish (salted, smoked or fresh). In addition, she hopes to see her children grow and to buy a house. The client thanks Hekima for its actions empowering poor women excluded from traditional banking.
La cliente Zaina, vice présidente du groupe de crédit Wariti. Veuve, femme dynamique, ambitieuse, entrepreneur autodidacte, âgée de 48 ans, mère de 7 enfants. Elle est vendeuse des poissons. Son mari fut décédé inopinément d’une courte maladie. Elle a commencé son business avec un micro crédit reçu de l’IMF Hekima. Cependant, elle vient de réaliser 9 cycles de crédit. Au cours de la période, cette cliente a vu ses affaires régressent suite à l’insécurité grandissante dans les zones d’approvisionnement, précisément dans Rutshuru. Ce nouveau crédit doit lui servir de s’approvisionner avec 3 paniers de poissons (sales, fumés ou frais). En plus, elle souhaite voir ses enfants grandir et acheter une maison. La cliente remercie Hekima pour les actions d’autonomisation de pauvres femmes exclues de banque classique.
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.