Marie is a seamstress and has been selling sewing materials in the central market for eleven years. She is a member and vice-president of the business group 'Bethlehem'. Marie is 43 years old, married and mother to nine children. Seven of her children attend school but the other two are still too young.
Marie has requested this loan from the field partner, Hekima, in order to expand her business. This new loan will enable her to buy new sewing materials (scissors, rolls of fabric and thread). Marie's husband is a pharmacist, and he provided the initial funds for her to start her business.
In the future, Marie would like to build a workshop, and feed and educate her children. She is grateful to Hekima for the support they offer to women entrepreneurs who are excluded from the classic banking system, by granting them unsecured loans.
La Cliente Marie est une Couturière, vendeuse des matériels de couture dans le marché central de la ville depuis 11 ans, vice présidente, membre d’un groupe d’Affaires «Bethlehem» âgée de 43 ans, mariée, mère de 9 enfants dont 7 étudient et 2 sont encore gamins. Elle sollicite un prêt auprès de Hekima pour accroitre son entreprise. Ce nouveau prêt va la servir pour acheter des nouveaux matériels de couture (ciseaux, rouleaux tissus et fil). Elle avait reçu son premier fonds par le truchement de son mari. Son conjoint est un pharmacien. Dans l’avenir, elle souhaite construire un atelier, scolariser et nourrir ses enfants. Elle remercie Hekima pour son soutien aux femmes entrepreneurs exclues du systeme bancaire classique, en leur accordant de crédit sans garantie matérielle.
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.