The customer, Cheusi, is a female entrepreneur, who is vice-president of the Ishara loan association. She is 38 years old and mother to five children (two of whom are at school); she is married to an unemployed man. She is requesting this new loan to buy 50 kilos of flour, a container of oil, 25 kilos of sugar and a packet of charcoal. Her main objective is to prosper from her business. She thanks Hekima for facilitating access to loans for women with low income.
La cliente Cheusi est une femme entrepreneur, vice-présidente de l’association de crédit Ishara. Elle est âgée de 38 ans, mère de 5 enfants (2scolarisés) et mariée à un homme sans profession. Elle sollicite ce nouveau crédit pour acheter 50kg de farine, 1 bidon d’huile, 25kg de sucre et 1paquet de braise. Son objectif c’est de prospérer dans ses affaires. Elle remercie Hekima de faciliter l’accès au crédit aux femmes à faible revenu.
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.