Fazila has been a trader for seven years, and is Vice-President of the business group 'Makimbilio I'. She is forty years old, married and has seven children. All her children attend school.
Fazila sells second-hand shoes at the main market in her town. Her husband is a car mechanic, and she started her business with money that he provided.
Fazila has requested this loan from the field partner, Hekima, in order to expand her business. With the loan, she will buy 70 pairs of shoes.
In the future, Fazila would like to buy a plot of building land, and feed and educate her children.
She is grateful to Hekima for targetting women entrepreneurs, who are excluded from the traditional banking system, by offering them loans without the need for a guarantee. This is particularly important during the post conflict period in the east of the country.
La cliente Fazila est une commerçante depuis 7 ans, vice présidente et membre d’un collectif d’affaires «Makimbilio I », âgée de 40 ans, mariée et mère de7 enfants qui tous étudient. Elle est vendeuse souliers usagés. Elle installe ses business dans le marché central de la ville. Elle sollicite un prêt auprès de l'IMF Hekima pour accroitre ses activités. Elle va acheter 70 paires de souliers. Son conjoint est un technicien automobiliste (Mécanicien). Elle débuta son activité avec de fonds reçu de son mari. Dans l’avenir, elle souhaite acheter une parcelle et la construire, scolariser et nourrir ses enfants. Elle remercie Hekima pour avoir bien choisi sa cible, en apportant un soutien aux femmes entrepreneurs exclues du système bancaire classique, tout en leur accordant des crédits sans garantie matérielle, surtout; pendant, la période poste conflit dans la région de l’Est 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.