Our client Bitondo is the leader of the Bindja business group. She is 52 years old. An experienced entrepreneur, she is a widow and the mother of seven children, all in school. By now she has become a well-know vendor, with 30 years of experience; she is seeking this loan to buy dishes, pots and plastic tubs. She would like to repair her house and finance her children's education through the university level. She thanks Hekima and prays for God to bless it.
La cliente Bitondo est présidente du groupe d’affaire Bindja à 52 ans. Entrepreneur expérimentée, elle est veuve et mère de 7 enfants tous scolarisés. Grande commerçante à ce jour, après 30 ans d'experience; elle sollicite ce crédit pour acheter des assiettes, casseroles et bassins en plastic. Elle souhaite rehabiliter sa maison et scolariser ses enfants jusqu'à finir les études universitaires. Ainsi, elle remercie Hekima et prie Dieu de le bénir.
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.