The customer, Buhoro, has been a trader for the past eight years and is the president and a member of the Twendembele business association. She is 35 years old, married and mother to six children, all of whom are studying. She sells used shoes and lays out her goods in the town's central market. She is requesting a loan from Hekima to expand her business. She is going to buy 50 pairs of shoes. Her husband is a driver and provided her with the capital to start her business. In the future she would like to be able to educate and feed her children. She is grateful to Hekima for having well chosen its objective to support female entrepreneurs who are exlcuded from the classic bank system, by granting them loans without any material guarantee, particularly during the post-conflict period in the east of the country.
La cliente Buhoro est une commerçante depuis 8 ans, présidente et membre d’un collectif d’affaires «Twendembele», entrepreneur, âgée de 35 ans, mariée et mère de 6 enfants qui tous, étudient. Elle est vendeuse souliers usagés, elle étale son business dans le marché central de la ville. Elle sollicite un prêt auprès de Hekima pour accroitre ses activités. Elle va acheter 50 paires de souliers. Son conjoint est un chauffeur. Elle débuta avec de fonds reçu de son mari. Dans l’avenir, elle souhaite 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 post conflit 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.