Veronique is a deputy president of the business group "Heri ya Mungu", and a dynamic, experienced, senior entrepreneur. She is 45 years old and mother to 8 children, who all attend school. Her husband is a teacher in a state school. Veronique sells shoes at the roadside, in a busy neighbourhood. She started her business 4 years ago, with the help of a friend, and later, took a loan from the field partner, Hekima. She will use this loan to buy 20 pairs of shoes. Her earnings will be used to pay for her children's school expenses, expand her business and buy a plot of land for her children.
Veronique is very grateful to Hekima for helping unbankable, women entrepreneurs become autonomous, especially during this critical time of war in the east of the country. It should be noted that one of the borrowers is holding her baby.
La cliente Veronique est une présidente adjointe de l’association d’affaire « Heri ya Mungu », senior entrepreneur expérimentée, dynamique, âgée de 45 ans et mère de 8 enfants qui étudient tous. Son conjoint un enseignant dans une école officielle. La cliente est une vendeuse de souliers Elle installe ses marchandises dans un quartier animé, surtout au long de la rue. Elle commença ses affaires avec l’assistance d’un ami. Plus tard, elle bénéficia le prêt de l’IMF Hekima. Il y a 4 ans qu’elle exerce cette activité. Ce nouveau prêt va lui servir d’acheter 20 paires de souliers. Ainsi, elle souhaite scolariser ses enfants, étendre son projet de commerce et acheter une parcelle pour ses enfants. Au finish, elle remercie fortement Hekima pour l’autonomisation des femmes entrepreneurs non bancables, surtout ; pendant ce moment critique de guerre à l’Est du pays. 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.