This client, Arhahama, has been a merchant for twelve years and is the president of the business group “Mapendo”. An energetic entrepreneur, she is 38 years old and a married mother of nine children, who are all students. She is a vendor of a variety of good and an associate of a hardware store. She sets up her business in a commercial center in town.
Arhahama is requesting a loan from Hekima to grow her business. She is going to purchase various plumbing and construction supplies (pipes, screens, nails, cables, etc.) She had started off with funds from her husband. For the future, she would like to progress in her business, build a house, and provide education and food for her children.
She thanks Hekima for supporting women entrepreneurs excluded from the traditional banking system while granting them loans without the need for collateral, especially during this time post-conflict in the countries east.
La cliente Arhahama est une commerçante depuis 12 ans, présidente et membre d’un groupe d’affaires «Mapendo», entrepreneur dynamique, âgée de 38 ans, mariée et mère de 9 enfants qui tous, étudient. Elle est vendeuse divers articles et sociétaire d’une quincaillerie. Elle étale ses business dans un centre commercial de la ville. Elle sollicite un prêt auprès de Hekima pour accroitre ses activités. Elle va acheter divers matériels de plomberie et construction(tuyaux, vannes, clous, câbles etc.). Elle avait débuté avec de fonds reçu de son mari. Dans l’avenir, elle souhaite progresser dans son business construire une maison, scolariser, nourrir ses enfants. Elle remercie Hekima pour le 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.
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.