The customer, Kalume, is the treasurer of the Salama loan association. She is a young experienced entrepreneur who is 30 years old and mother to four children who are all at school. The customer sells beans. Her husband is a small trader of various products. She sells her goods in the central market and sometimes from home. She began her business with her own capital which she was given by her husband. Later on, she was able to benefit from financial support from Hekima's microloan program. She has been carrying out this business for around 12 years. This new loan will be used to buy eight sacks of beans. By doing this she would like to expand her business as well as educate and feed her children and finish constructing her house. During the harvest seasons, her business does well but during the growing period the farmers' prices rise. Finally she is extremely grateful to Hekima for its support in the form of microloans for small entrepreneurs who are not able to access banks.
La cliente Kalume est trésorière d’une association de crédit « Salama », jeune entrepreneur, expérimentée, âgée de 30 ans et mère de 4 enfants qui étudient tous. La cliente est vendeuse de haricots. Son conjoint est un petit commerçant de divers. Elle installe ses marchandises au marché central et parfois, à son domicile. Elle commença ses affaires avec son fonds propre reçu de son mari. Plus tard, elle bénéficia le soutien financier du projet de microcrédit de Hekima. Il y a environ 12 ans, elle exerce ce business. Ce nouveau prêt va lui servir d’acheter 8 sacs de haricots. Ainsi, elle souhaite accroitre son entreprise, scolariser, nourrir et achever la constriction de sa maison. Pendant les saisons de récolte, son commerce avance bien, par contre pendant de moment de culture, le prix hausse chez les agriculteurs. Au finish, elle remercie fortement Hekima pour son soutien en microcrédit aux petits entrepreneurs non bancables.
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.