Dina is a storekeeper and a member of the Gloria association. She is a 35-year-old single mother of seven children, four of which are receiving an education, while the other three are still children. She sells foodstuffs. She has requested a loan from Hekima. She wants to buy two sacks of flour and maize and three sacks of cassava flour in order to grow her business. She had started this business out of her own savings with money received from her ex-boyfriend. In the future, she wishes to send her children to school, as well as feed and clothe them. She would like to thank Hekima for the support it gives small enterprises excluded from the classic banking system. She would also like to point out that certain customers carry their babies with them.
La cliente Dina est membre d’une association de crédit « Gloria ». La cliente est une femme célibataire, âgée de 35 ans et mère de 7 enfants qui étudient. Elle est vendeuse des denrées alimentaires. Ce nouveau prêt va la servir d’acheter 5 sacs de farine de maïs et de manioc pour accroitre son activité. Elle commença son commerce, avec son fonds propre reçu de son petit ami.Dans l’avenir, elle souhaite scolariser, nourrir et vêtir ses enfants. Ainsi, elle remercie Hekima pour son soutien aux petits entrepreneurs exclus du système bancaire classique.
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.