Cinyabugu, the customer, is an advisor to the "Asifiwe" business group. A young and experienced entrepreneur, she is 36 years old and the mother of 7 children who all attend school. Her spouse is a civil servant.
Cinyabugu sells shoes. She offers her products to customers at the market and, occasionally, at home. She started her business about 3 years ago with a loan she received from the MFI Hekima. This new loan will be used to buy 15 pairs of shoes. She would like to increase her business and to feed her children and ensure they get an education. Her lack of sufficient capital is a challenge to the development of her business. Finally, she would like to strongly thank Hekima for its support of small entrepreneurs in the form of microloans.
Note: one of the customers in the photo is carrying her baby.
La cliente Cinyabugu est conseillère du collectif d’affaire « Asifiwe», jeune entrepreneur expérimentée, âgée de 36 ans et mère de 7 enfants qui étudient tous. Son conjoint est un fonctionnaire de l’administration publique. La cliente est vendeuse de souliers. Elle installe ses articles au marché, parfois à son domicile. Elle commença ses affaires avec le prêt de l’IMF Hekima, il y a environ 3 ans. Ce nouveau prêt va lui servir d’acheter 15 paires de souliers. Ainsi, elle souhaite accroitre son entreprise, scolariser, nourrir ses enfants. L’insuffisance du capital constitue un défi pour le développement de son activité. Au finish, elle remercie fortement Hekima pour son soutien en microcrédit aux petits entrepreneurs. Il sied de signaler qu'une cliente 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.