Esther, age 34, is an advisor to the business group Amina. She is a young but dynamic and experienced entrepreneur, and the single mother of a child who attends kindergarten. She sells potatoes at the public market, sometimes from her home. She started her business with the help of her boyfriend and has been conducting this activity for three years. She will use this new loan to buy four sacks of potatoes. Her goals are to expand her activity and buy some land for her child.
Esther wishes to thank the Hekima MFI for helping businesswomen to become self-sufficient who cannot use the traditional banking system, especially in these critical times of war in the Eastern region.
La cliente Esther est une conseillère du groupe d’affaire «Amina», jeune entrepreneur expérimentée, dynamique, âgée de 34 ans, célibataire et mère d’un enfant qui fait l’école maternelle. La cliente est une vendeuse de pommes de terre. Elle installe ses marchandises au marché public et parfois à son domicile. Elle commença ses affaires avec l’assistance de son petit ami. Il y a 3 ans qu’elle exerce cette activité. Ce nouveau prêt va la servir d’acheter 4 sacs de pommes de terre. Ainsi, elle souhaite étendre son projet de commerce et acheter une parcelle pour son enfant. 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.
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.