The client, Bitulo, is the president of the business group Rhugendekere, an energetic entrepreneur, 41 years old, a widow, and mother to 16 children. Her spouse passed away after a short illness. The client sells palm oil. She also sells beverages. She sells these products from home. She started this business with the funds she got from her husband, when the deceased (her husband) was working in the research center in Lwiro. This new loan will help her buy 20 containers of palm oil and ten cases of beverages (Primus, Fanta, etc.). She hopes to send her children to school and grow her business. In the end, she greatly thanks Hekima for its support for little citizens through microloans.
La cliente Bitulo est présidente du collectif d’affaire Rhugendekere, entrepreneur dynamique, âgée de 41 ans, veuve et mère de 16 enfants. Son conjoint est décédé suite à une courte maladie. La cliente est vendeuse d’huile de palme Toute fois, elle vend aussi la boisson. Elle installe ses produits à son domicile. Elle commença cette affaire avec le fonds reçu de son mari, quand ce défunt (alors son mari) travaillait au centre de recherche de Lwiro. Ce nouveau prêt va lui servir d’acheter 20 bidons d’huiles de palme et 10 casiers de boissons (Primus, Fanta, etc.). Elle souhaite scolariser ses enfants et accroitre l’entreprise. Au finish, elle remercie fortement Hekima pour son soutien aux petits citoyens 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.