Miderho is a member of the Jerusalem Group, a client of IMF Hekima. She is married, 41 years old, and mother of 10 children, nine of whom attend school while one is still too young. She started her business with funds from her husband. She sells used shoes and she will buy one bundle of shoes. Her spouse is a security guard at a local organization. She wants to obtain more loans to increase her revenues and to pay for the school fees and food of her children. Finally, she thanks Hekima for their support of entrepreneurs not served by traditional banks.
Miderho est membre du banque villageoise Jérusalem, cliente de l’IMF Hekima, mariée, âgée de 41 ans, mère de 10 enfants dont 9 vont à l’école et 1 encore gosse. Elle a commencé son petit commerce avec de fonds de reçu de son mari. Elle est vendeuse de souliers usagés, elle va acheter 1 ballon de souliers. Son conjoint exerce un service de gardiennage dans une organisation de la place. Elle souhaite obtenir plus des crédits pour accroitre son chiffre d’affaires, scolariser et nourrir ses enfants. Au finish, elle remercie Hekima pour le soutien apporté aux entrepreneurs non bancables.
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.