This client, Kahindo, is the treasurer and most senior member of the business group Tosheka. She is an experienced entrepreneur, 60 years old, a widow, and the mother of nine children, of whom three are students, and the others have their own households. This client sells charcoal at the Katindo market. She started this business using her own funds gotten from a family member. Later on, she benefited from an additional Hekima loan.
This new loan will serve to purchase 15 sacks of charcoal for her. Red tape annoyingly amounts to a challenge for her business. She would like to increase her capital and educate her children.
In conclusion, she thanks Hekima very much for supporting small-scale entrepreneurs with micro-loans.
La cliente Kahindo est trésorière et doyenne du groupe d’affaire Tosheka, entrepreneur expérimentée, âgée de 60 ans, veuve et mère de 9 enfants, dont 3 étudient et d’autres ont déjà leurs propre foyers. La cliente est vendeuse de braises au marché Katindo. Elle commença cette affaire avec son fonds propre reçu par un membre de sa famille. Plus tard, elle bénéficia le crédit additionnel de Hekima. Ce nouveau prêt va lui servir d’acheter 15 sacs de braises. Les tracasseries administratives constituent un défi pour son activité. Elle souhaite augmenter son capital et scolariser ses enfants. Au finish, elle remercie fortement Hekima pour son soutien en microcrédit aux petits entrepreneurs.
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.