The customer, Christina, is the vice-president of the Miujiza business group. She is the eldest in the group and an experienced entrepreneur, who is 59 years old, a widow and mother to six children, some of whom are studying and others who have their own families. Her husband died unexpectedly. The customer sells cassava flour and is the owner of a cassava flour warehouse.She began her business with her own capital which she was given by her children around five years ago.This new loan will be used to buy 15 sacks of cassava flower. She would thereby like to expand her company and buy a plot of land for her young children. The multitude of taxes are a real challenge for her company. Finally, she is extremely grateful to Hekima for its support in the form of micro-loans for small entrepreneurs.
La cliente Christina est vice présidente du groupe d’affaire « Miujiza», doyenne, entrepreneur expérimentée, âgée de 59 ans, veuve et mère de 6 enfants qui étudient et d’autres ont déjà leurs propres familles. Son conjoint fut inopinément décédé. La cliente est vendeuse de Farine de manioc. Elle est propriétaire d’un entrepôt de farine de manioc. Elle commença ses affaires avec son fonds propre reçu de ses enfants. Il y a environ 5 ans. Ce nouveau prêt va lui servir d’acheter 15 sacs de Farine de manioc. Ainsi, elle souhaite accroitre son entreprise et acheter une parcelle pour ses jeunes enfants. Les taxes multiples constituent un défi pour son entreprise. 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.