The client Simweray is an adviser to the business group "Tunashukuru." She is a brave young entrepreneur, 31 years old, married and mother to 4 children who all study. Her spouse is a mechanic. The client is a seller of potatoes and sweet drinks (Fanta, Coca Cola). She sets up her products at the public market and sometimes at her home. She started her business with a loan from the MFI Hekima, about 7 years ago. Losses due to rotting potatoes and broken bottles are great challenges for her businesses. This new loan will be used to buy 5 bags of potatoes and 10 cases of Fanta. Thus, she hopes to grow her capital, school her children and build with durable materials. Finally, she hardily thanks Hekima for its microloan support of small entrepreneurs.
La cliente Simweray est conseillère du groupe d’affaire « Tunashukuru», jeune entrepreneur courageuse, âgée de 31 ans, mariée et mère de 4 enfants qui étudient tous. Son conjoint est un mécanicien. La cliente est vendeuse de pommes de terre et de boissons sucrées (Fanta, Coca). Elle installe ses produits au marché public et parfois à son domicile. Elle commença ses affaires avec le prêt de l’IMF Hekima, Il y a environ 7 ans. Les pertes liées aux pourritures de pommes de terre, la casse de bouteille sont des grands défis pour ses activités. Ce nouveau prêt va lui servir d’acheter 5 sacs de pommes de terre et 10 casiers de Fanta. Ainsi, elle souhaite accroitre son capital, scolariser ses enfants et construire en matériaux durable. Au finish, elle remercie fortement Hekima pour son soutien en microcrédit aux petits 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.