Aldegonde is the president of Ngowa Group. She is married, 49 years old, and mother of 10 children who all attend school. She is a client of IMF Hekima. She started her business with funds from her older brother. She sells prefabricated cloth from her home. She will buy raphia yarn. Her husband is a carpenter. She wishes to obtain more loans to increase her revenue and pay for her children's food and school fees. Finally, she thanks Hekima for their support of entrepreneurs not served by traditional banks.
Aldegonde est présidente du groupe de crédit Ngowa, mariée, âgée de 49 ans, mère de 10 enfants qui tous vont à l’école, cliente de l’IMF Hekima. Elle a commencé son commerce avec de fonds de reçu de son grand frère. Elle vend de nappes préfabriquées à son domicilie. Elle va acheter les fils de raphia. Son conjoint est un menuisier. 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.
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.