This client, Kitenge, is the vice-president of the business group "Sifa mupya". An experienced entrepreneur, she is 45 years old, married, and the mother of eight children, all students. Her husband is a chauffeur. This client sells grocery items (cassava flour, cornmeal, etc.) She sets up her products at her home. She started this business with a loan from the microfinance institution Hekima about two years ago.
This new loan will be used to purchase a sack of cassava flour, a sack of cornmeal, etc. Thus, she would like to increase her capital and provide schooling to her children. In conclusion, she thanks Hekima very much for its micro-credit support of small-scale entrepreneurs. It should be noted that one client in the photo is holding her baby.
La cliente Kitenge est vice présidente du groupe d’affaire « Sifa mupya », entrepreneur expérimentée, âgée de 45 ans, mariée et mère de 8 enfants qui étudient tous. Son conjoint est un chauffeur. La cliente est vendeuse des denrées alimentaires (farines de manioc, farines de maïs, etc.). Elle installe ses produits à son domicile. Elle commença cette affaire avec le prêt de l’IMF Hekima, il y environ 2 ans. Ce nouveau prêt va lui servir d’acheter 1 sac de farine de Manioc, 1 sac de Maïs, etc. Ainsi, elle souhaite accroitre son capital, scolariser ses enfants. Au finish, elle remercie fortement Hekima pour son soutien en microcrédit aux petits entrepreneurs.Il sied de signaler qu'une cliente porte son bébé.
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.