Chantal is the president of Rhulangani Group. She is an entrepreneur, 43-years old, married, and mother of seven children. Her spouse is a government employee. Chantal is a seller of corn and manioc flour. She started her business with her own funds that she she received from her husband. Later, she received additional funds via an IMF Hakima loan. She has been in business for 11 years. This new loan will enable her to buy four bags of semolina in Rwanda. The problem of transportation is a major challenge for her business. She wants her children to attend school and to increase her capital. Lastly, she thanks Hekima for their support via microcredit.
La cliente Chantal est présidente du collectif d’affaire Rhulangani, entrepreneur, âgée de 43 ans, mariée et mère de 7 enfants. Son conjoint est un fonctionnaire de l’administration publique. La cliente est vendeuse de farines de maïs et de manioc. Elle commença cette affaire avec son fonds propre reçu de son mari. Plus tard, elle bénéficia des fonds additionnels de crédit de l’IMF Hekima. Il ya 11 ans révolus, elle exerce cette activité. Ce nouveau prêt va lui servir d’acheter 4 sacs de semoules au Rwanda. La problématique de transport est un défis majeur pour son activité. Elle souhaite scolariser ses enfants et accroitre son capital. Au finish, elle remercie fortement Hekima pour son soutien en microcrédit.
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.