Regine is a courageous, dynamic entrepreneur with ten years' experience in selling charcoal. She is a member of the business group 'Tosheka', and is fifty-eight years old, widowed and mother to eight children, who all attend school.
Regine sells her goods at a local market. She has requested this loan in order to expand her business by buying twelve sacks of charcoal for resale. Her first business capital was provided through her biological family.
In the future, she would like to improve her capital levels, and educate, clothe and feed her children.
Regine is grateful to the field partner, Hekima, for the support they offer to non-bankable, women entrepreneurs, with their non-guaranteed loans. This is particularly important during the immediate post conflict period in the east of the country.
La Cliente Regine est une brave commerçante, dynamique, entrepreneur depuis 10 ans est membre d’une Association d’Affaires « Tosheka», âgée de 58 ans, veuve et mère de 8 enfants, qui tous étudient. Elle est vendeuse de braises. Elle étale ses activités dans un marché central de la place. Elle sollicite un prêt auprès de Hekima pour accroitre son activité. Elle va acheter 12 sacs de braises. Elle bénéficia son premier capital par le truchement de sa famille biologique. Dans l’avenir, elle souhaite accroitre son capital, scolariser, vêtir et nourrir ses enfants. Elle remercie Hekima pour son soutien aux femmes entrepreneurs non bancables, en leur accordant de crédit sans garantie matérielle, pendant, ce moment post conflits dans la région de 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.