Françoise is an ambitious, talented woman and a responsible member of the business group Shangwe. She is 38 years old and mother to four children who all attend school.
Françoise has requested this loan in order to buy equipment for her hairdressing salon (clippers, hair extensions, brushes, hair tongs, etc.). This is her main business venture and she started with funds received from her parents. She would like to buy a plot of land and build a house to improve the stability of her family.
Françoise is grateful to the field partner, Hekima for the support which they offer to poor, economically active women.
La cliente Françoise femme ambitieuse bourrée de talents et membre du groupe d’affaires «Shangwe», responsable, âgée de 38 ans, mère de 4 enfants tous scolarisés. Elle sollicite ce nouveau crédit pour s’approvisionner en matériels de salon de coiffure (tondeuse, mèches, brosses, ficelles, pinces, etc.), qui constitue son activité principale. Elle débuta son entreprise avec de fonds recu de ses parents. Elle souhaite acheter une parcelle et la construire pour la stabilité de sa famille. Elle remercie Hekima de soutenir les femmes pauvres économiquement actives.
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.