The client Nabaguma is the leader of the group Michael. She is a very ambitious entrepreneur, 47 years old, and mother to 10 children. Her husband is a farmer. The client sells foodstuffs. She displays her items at her home. She started her business with her own funds. She has been in this business for more than 11 years. The major challenge for this entrepreneur is that she sometimes sells for credit. This new loan will serve to buy her 1 bag of corn and one basin of tomatoes, etc. Thus, she thanks Hekima and its partners for supporting small entrepreneurs who are not bankable. It should be noted that some clients are carrying their babies.
La cliente Nabaguma est leader du groupe Michael. Elle est entrepreneur très ambitieuse, âgée de 47 ans, mère de 10 enfants. Son mari est un cultivateur. La cliente est vendeuse de denrées alimentaires. Elle expose ses articles à son domicile. Elle démarra son business avec son fonds propre, il ya plus de 11 ans qu’elle fait cette activité. Le défi majeur pour cet entrepreneur est qu’elle vend parfois en crédit. Ce nouveau crédit lui servir d’acheter 1 sac de mais et un basin de tomates, etc. Ainsi, elle remercie Hekima et ses partenaires pour le soutien aux petits entrepreneurs non bancables.Il sied de signaler que certaines clientes portent leurs bébés.
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.