Hekima client Sylvie is the president of the lending group called « Akiba». She is an experienced entrepreneur, 38 years old and the mother of five children who are all enrolled in school. Her husband is a mechanic and driver. Sylvie sells 'pagnes' (African clothing). She displays her merchandise at the public market and sometimes at her home. She started her business with her own funds, money received from her husband, about 11 years ago.
This new loan will allow her to buy 30 lengths of African print cloth. In this way, she hopes to grow her business, pay for schooling and food for her children, and buy a plot of land. She thanks Hekima sincerely for its support of small entrepreneurs via micro-credits.
La cliente Sylvie est présidente du groupe de crédit « Akiba», entrepreneur expérimentée, âgée de 38 ans et mère de 5 enfants qui étudient tous. Son conjoint est un chauffeur mécanicien. La cliente est vendeuse de pagnes (vêtements). Elle installe ses marchandises au marché public et parfois à son domicile. Elle commença ses affaires avec son fonds propre reçu de son mari, Il y a environ 11 ans. Ce nouveau prêt va lui servir d’acheter 30 pièces de pagnes. Ainsi, elle souhaite accroitre son entreprise, scolariser, nourrir ses enfants et acheter une parcelle. 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.