The customer, Thérèse, is the leader of the Matumaini business group. She is an experienced entrepreneur who is 51 years old, married and the mother of 2 children, only one of whom studies. Her spouse is a cobbler. She sells food products and displays her products at the market. She started this business with funds she received from her husband over the years. She has been in this business for 35 years. This new loan will be used to buy 5 bags of maize. She would like to increase her capital, ensure that her children get a good education and buy a plot of land. Finally, she wants to give special thanks to Hekima for its support of small entrepreneurs in the form of microloans.
La cliente Thérèse est présidente du groupe d’affaire Matumaini, entrepreneur expérimentée, âgée de 51 ans, mariée et mère de 2 enfants dont seulement un enfant étudie. Son conjoint est un cordonnier. La cliente est vendeuse des denrées alimentaires. Elle installe ses produits au marché. Elle commença ces affaires avec son fonds propre reçu par son mari vers les années. Il ya 35 ans, elle fait ce petit commerce. Ce nouveau prêt va lui servir d’acheter 5 sacs de Maïs. Ainsi, elle souhaite accroitre son capital, scolariser ses enfants et acheter une parcelle. 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.