The customer, Malei, is a trader and a member of the Amkeni business platform. She is a 60-year old entrepreneur and has six children, two of whom are studying and four who are married. The customer sells food products (potatoes) and lays out her goods in a local market. She began her business with an initial capital received from a "ristourne" (a revolving communal fund whereby each member contributes periodically an agreed amount and this is passed on in rotation to other members). Her husband is a security agent in the National Police. Later on she got a loan from IMF Hekima. She has been carrying out this business for 24 years and this new loan will be used to buy 200 kilos of potatoes. She thereby hopes to be able to buy a plot of land, build on it and feed her children. Finally, she is extremely grateful to Hekima for making female entrepreneurs, who cannot access banks, autonomous, particularly during this critical period of war in the east of the country.
La cliente Malei est une commerçante et membre d’une plateforme d’affaires «Amkeni», entrepreneur, âgée de 60 ans et mère de 6 enfants dont 2 étudient et 4 sont mariés. La cliente est une vendeuse des denrées alimentaires (pomme de terre). Elle installe sa marchandise dans un marché de la place. Elle commença ses affaires avec le premier capital reçu dans la ristourne. Son conjoint est un agent de sécurité dans la police Nationale. Plus tard, elle bénéficia le prêt de l’IMF Hekima. Il y a 24 ans qu’elle exerce cette activité. Ce nouveau prêt va la servir d’acheter 200 kilogrammes de pomme de terre. Ainsi, elle compte acheter une parcelle, construire et nourrir ses enfants. En définitif, elle remercie fortement Hekima pour l’autonomisation des femmes entrepreneurs non bancables, surtout; pendant ce moment critique de guerre à l’Est du 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.