Nyabandu is a member of the business group « Dunda mu Yesu » and an experienced young entrepreneur, age 35, married and the mother of four children who are all in school. Her husband sells various items. She runs a hardware store. She started off in business with her own funds, money received from her husband.
For four years now she has been in this small business. This new loan will allow her to buy 40 sacks of cement. Taxes and duties and also customer debt constitute an obstacle in developing her little business. Thus, she would like to grow her working capital, to build a house, and nourish her children. Finally, she sincerely thanks Hekima for supporting small entrepreneurs with micro-loans. Please note that several of the group members are carrying their babies.
La cliente Nyabandu est membre du groupe d’affaire « Dunda mu Yesu », jeune entrepreneur expérimentée, âgée de 35 ans, mariée et mère de 4 enfants qui étudient tous. Son conjoint est commerçant de divers. La cliente est sociétaire d’une quincaillerie. 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 40 sacs de ciments. Les taxes et impôts divers, les impayés constituent un obstacle pour le développement de son entreprise. Ainsi, elle souhaite accroitre son capital, construire une maison et nourrir ses enfants. Au finish, elle remercie fortement Hekima pour son soutien en microcrédit aux petits entrepreneurs.Il sied de signaler que certaines clientes portent leurs bébés.
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.