The client, Mutunzi, has been a valiant merchant for 22 years and a member of a business group, “source of wisdom.” The senior entrepreneur, she is 36 years old and a married mother of 8, all of whom attend school. She sells used shoes on the street in the commercial center. She is seeking a loan from Hekima to grow her business. She is going to buy 350 pairs of shoes. Her husband is in the same business. She had started the business with the funds from her husband. In the future, she hopes to make progress with her business, buy a plot of land, send her children to school, feed her children, and meet their medical needs. She thanks Hekima for having chosen its goal, supporting entrepreneurial women excluded from the traditional banking system, while giving them loans with no material guarantees, especially in the post-conflict period in the region of the East Country.
La cliente Mutunzi est une vaillante commerçante depuis 22 ans et membre d’un collectif d’affaires «Siege de la sagesse». Senior entrepreneur, âgée de 36 ans, mariée et mère de 8 enfants qui tous, étudient. Elle est vendeuse souliers usagés sur la rue dans le centre commercial. Elle sollicite un prêt auprès de Hekima pour accroitre ses activités. Elle va acheter 350 paires de souliers. Son conjoint, lui aussi, fait le même commerce que son épouse. Elle avait débuté avec de fonds reçu de son mari. Dans l’avenir, elle souhaite progresser dans son business, acheter une parcelle, scolariser, nourrir ses enfants et leur assurer soins médicaux. 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 post conflits dans la région de l’Est Pays.
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.