Julienne is a retailer and a member of the business group 'Ahadi'. She is 32 years old, married and mother to seven children, who all attend school. She has been selling second-hand, women's clothing for ten years now, from a busy local market.
Julienne has requested this loan from the field partner, Hekima, in order to expand her business. Her husband is also a retailer, and she started her business with money provided by him. She plans to use her loan to buy one bale of second-hand women's clothing.
In the future, Julienne would like to increase her working capital, and educate, clothe and feed her children. She is grateful to Hekima for the support they provide to women entrepreneurs who are excluded from the classic banking system.
La cliente Julienne est une commerçante et membre d’une plateforme d’affaires «Ahadi», âgée de 32 ans, mariée et mère des 7 enfants, qui tous étudient. Elle est vendeuse de friperie (habillement dame) depuis 10 ans. Elle installe ses marchandises dans un marché animé de la place. Elle sollicite un crédit auprès de Hekima pour accroitre son entreprise. Elle démarra ses activités par de fonds reçu de son mari. Son conjoint, lui aussi est un commerçant. Elle va acheter 1 ballon de friperie dame. Dans l’avenir, elle souhaite accroitre son capital, scolariser, vêtir et nourrir ses enfants. Ainsi, elle remercie Hekima pour son soutien aux femmes entrepreneurs exclues du système bancaire classique.
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.