This client, Mbilika, is the advisor of the business group "Alpha". The most senior member and an experience entrepreneur, she is 58 years old, married, and the mother of six children, all students. Her husband is representative at a private company. This client is an associate at a stationary store. She started in this business with funds from her husband. She has been in this business for four years.
This new loan will be used to purchase 3 boxes of reams of paper, 5 dozen notebooks, 3 boxes of pens, 15 dozen folders, etc. The obstacles in developing her enterprise include various taxes. So, she would like to grow her capital and feed her children. To conclude, she thanks Hekima very much for its micro-credit support of small-scale entrepreneurs.
La cliente Mbilika est conseillère du groupe d’affaire « Alpha », doyenne, entrepreneur expérimentée, âgée de 58 ans, mariée et mère de 6 enfants qui étudient tous. Son conjoint est agent dans une entreprise commerciale. La cliente est sociétaire d’une papeterie. Elle commença ces affaires avec son fonds propre reçu par son mari. Il y a 4 ans, elle fait ce petit commerce. Ce nouveau prêt va lui servir d’acheter 3 cartons de rames de papiers, 5 douzaines de cahiers, 3 boites de stylos, 15 dizaines de fardes, etc. Les taxes et impôts divers constituent un obstacle pour le développement de son entreprise. Ainsi, elle souhaite accroitre son capital, nourrir 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.