This client, Zefania, is the team leader of the business collective "La Source". The most senior member and an experienced entrepreneur, she is 65 years old, a widow, and the mother of four children, all with their own homes. Her husband is deceased due to a heart ailment. This client sells sugar cane. She sets up her goods at the public market and sometimes at home. She started this business with funds from her husband when he was alive, about 25 years ago.
This new loan will be used to purchase 5 piles of sugar cane. Thus, she would like to increase her capital and build a house to pass down to her children. In conclusion, she thanks Hekima very much for its micro-credit support of small-scale entrepreneurs.
La cliente Zefania est team leader du collectif d’affaire « La source», doyenne, entrepreneur expérimentée, âgée de 65 ans, veuve et mère de 4 enfants, tous ont respectivement leurs foyers. Son conjoint fut décédé suite à une maladie cardiaque. La cliente est vendeuse des cannes à sucre. Elle installe ses produits au marché public et parfois à son domicile. Elle commença cette affaire avec son fonds propre reçu de son mari, lors de son vivant, il y environ 25 ans. Ce nouveau prêt va lui servir d’acheter 5 tas des cannes à sucre. Ainsi, elle souhaite accroitre son capital, et construire une maison à léguer à 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.