Shamamba is a merchant and a member of the business association "TUJENGE". She is a married woman, 25 years old, and the mother of four children (two students and two little ones). Shamamba has been a vendor of secondhand clothing for six years. She has requested a loan from Hekima to purchase 2 bales of used clothing to grow her enterprise. She had started off with her own funds from her husband.
For the future, she dreams of becoming a great businesswoman and to purchase a car. Thus, she thanks Hekima for its support of women entrepreneurs excluded from the traditional banking system.
Shamamba est une commerçante et membre d’une association d’affaires « TUJENGE », femme mariée, âgée de 25 ans et mère de quatre enfants sous dont deux étudient et deux sont encore gosses. Elle est vendeuse de friperie depuis six ans. Elle a sollicité un crédit auprès de Hekima. Elle va acheter 2 ballots de friperie pour accroitre son entreprise. Elle avait commencé avec de fonds propre reçu de son mari. Dans l’avenir, elle rêve devenir une grande femme d’affaires et acheter une voiture. Ainsi, elle remercie Hekima pour son soutien aux femmes entrepreneurs exclues 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.