Hekima client Bikuba is the treasurer of the business group called «Mulangani» and a young entrepreneur with a lot of experience. She is 33 years old, married, and the mother of two children who both go to school. Her husband is a civil servant. The borrower sells charcoal. She owns a charcoal depot. She began her business with a loan from MFI Hekima and has been working at it for about four years.
This new loan will be used to buy 25 sacks of charcoal. The lack of public security in the places the charcoal comes from and the taxes levied by the environmental department are the big challenges to the development of her business. She is hoping to grow her working capital, buy a plot of land, and feed her children correctly. To finish up, she thanks Hekima sincerely for their support in terms of microloans to small entrepreneurs. Please note that one client is holding her baby.
La cliente Bikuba est trésorière du groupe d’affaire « Mulangani », jeune entrepreneur expérimentée, âgée de 33 ans, mariée et mère de 2 enfants qui étudient tous. Son conjoint est un fonctionnaire de l’administration publique. La cliente est vendeuse des braises. Elle est propriétaire d’un entrepôt de braises. Elle commença ses affaires avec le prêt de l’IMF Hekima. Il y a environ 4 ans, elle fait ce petit commerce. Ce nouveau prêt va lui servir d’acheter 25 sacs de braises. L’insécurité dans les sites d’approvisionnement, les taxes de service de l'environnement sont des grands défis pour le développement de son entreprise. Ainsi, elle souhaite accroitre son capital, acheter une parcelle et nourrir ses enfants. Au finish, elle remercie fortement Hekima pour son soutien en microcrédit aux petits entrepreneurs. Il sied de signaler qu'une client 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.