Kabatsi is the oldest member of the Sheria business group. She is an experienced entrepreneur, 60 years old, a widow, and a mother of seven children, of whom one goes to school. The other children already have their own households.
Kabatsi sells handbags. She displays her goods in a market, and sometimes in her home. She started this business about ten years ago with funds from one of her children.
This new loan will serve to buy 20 handbags.
Kabatsi wishes to increase her business and to educate and feed her child that is still under her care.
Finally, Kabatsi strongly thanks Hekima for their lending support to small-scale entrepreneurs.
La cliente Kabatsi est membre du collectif d’affaire « Sheria», doyenne, entrepreneur expérimentée, âgée de 60 ans, veuve et mère de 7 enfants dont 1 etudie et les autres ont déjà leurs propres foyers. La cliente est vendeuse de sacs à mains. Elle installe ses articles au marché, parfois à son domicile. Elle commença ses affaires avec son fonds propre reçu de son enfant, il y a environ 10 ans. Ce nouveau prêt va lui servir d’acheter 20 sacs à mains. Ainsi, elle souhaite accroitre son entreprise, scolariser, nourrir son enfant qui est encore sous sa tutelle. 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.