This client, Maneno, is the advisor of the business group Safina. She is a brave entrepreneur, 42 years old, and the mother of seven children, who are all students. Her husband is a butcher and sells goats. This client sells foodstuffs. She sets up her goods in a warehouse. She started this business around 1994 with her own funds received from her husband.
This new loan will serve to purchase 15 sacks of cassava for her. The losses associated with spoiled goods constitute a stumbling block to developing her enterprise. She would like to see her children finish their studies. So, she thanks Hekima very much for supporting her with micro-loans.
La cliente Maneno est conseillère du groupe d’affaire Safina, entrepreneur courageuse, âgée de 42 ans et mère de 7 enfants, qui étudient tous. Son conjoint est un boucher, vendeur de chèvres. La cliente est vendeuse de denrées alimentaires. Elle s’installe ses produits dans un entrepôt. Elle commença cette affaire vers les années 1994 avec son fonds propre reçu de son mari. Ce nouveau prêt va lui servir d’acheter 15 sacs de maniocs. Les pertes liées à la détérioration de ses produits constituent un blocage pour le développement de son entreprise. Elle souhaite voir ses enfants terminent leurs études. Ainsi, elle remercie fortement Hekima pour son soutien en microcrédit.
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.