This client, Mihako, is the lead of the loan group "Mashauri". A courageous and experienced entrepreneur, she is 44 years old and a mother of ten. Her husband is an evangelist, a servant of God. This client sells secondhand clothing. She started this business with funds from her husband. This new loan will be used to purchase a bale of used clothing. A major obstacle in developing her business is the generalized economic crisis following the war. For the future, she would like to expand her enterprise, build a house, and provide education for her children. So, she thanks Hekima for its micro-credit support of women entrepreneurs.
La cliente Mihako est leader du groupe de crédit « Mashauri », entrepreneur courageuse et expérimentée, âgée de 44 ans et mère de 10 enfants. Son conjoint est un évangéliste, serviteur de Dieu. La cliente est vendeuse de friperie. Elle commença cette activité avec le fonds reçu de son mari. Ce nouveau prêt va lui servir d’acheter 1 ballon de friperie. La crise économique généralisée suite aux effets de la guerre est un obstacle majeur pour le développement de son activité. Dans le futur, elle souhaite agrandir son entreprise, construire une maison et scolariser ses enfants. Ainsi, elle remercie Hekima pour son soutien en micro crédit aux femmes entrepreneurs.
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.