Featured borrower Charlotte is a leader of the business group called « Mashauri », an entrepreneur, 50 years of age and the mother of six children who are all in school. Her husband is a civil servant in Public Administration. She herself sells used clothing in the public market. She has been in this business for 17 years. She started up the business with her own money that she received from her husband.
Thanks to this business, she has managed to do a good deal for her children and for her family. This new loan will allow her to buy one bale of used clothing. She would like to see her children get university diplomas and also to grow her business. Finally, she would like to salute Hekima for its initiative supporting women who don't have access to financial services and helping them become self-sufficient, especially in the present context of the war in the eastern part of the Democratic Republic of the Congo, where the economy is not stable.
La cliente Charlotte est un leader du de l’association d’affaire « Mashauri », entrepreneur, âgée de 50 ans et mère de 6 enfants qui tous étudient. Son conjoint est un fonctionnaire de l’Administration publique. La cliente est une vendeuse de friperie au marché public. Il y a 17 ans qu’elle exerce cette activité. Elle commença cette activité avec son fonds propre reçu de son époux. Grace à ce commerce, elle a réalisé plusieurs projets en faveur de ses enfants et pour sa famille. Ce nouveau prêt lui servira d’acheter 1 ballon de friperie. En plus, elle souhaite voir ses enfants obtenir leurs diplômes universitaires et accroître son activité. Au finish, elle salue l’initiative de Hekima pour son soutien et autonomisation des femmes non bancables surtout dans le contexte actuel de la guerre à l’Est de la République Démocratique du Congo où l’économie n’est pas stable.
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.