Kabene K. is the leader of the Fidelity group. She is 32 years old, a widow, and the mother of five. Her husband passed away in 2006. All her children are in school. She launched her business with her own funds. She sells fresh Thompson’s’ surgeonfish and freshwater and ocean fish. She had a loan of $50,- from IMF Hekima around 2007. Before going into fish sales, she used to sell used shoes. This new loan will allow her to purchase three boxes of Thompson’s surgeonfish in Kinshasa. As a Hekima client, Kabene K. is appreciative of its activities to support the poor who don’t have access to traditional banking. It needs to be mentioned that the Fidelity group has 14 members, mostly women.
Kabene K. est présidente du groupe Fidelite, âgée de 32 ans, veuve, mère de 5 enfants. Son mari est décédé depuis 2006. Tous ses enfants étudient. Elle commença son business avec son fond propre. Elle vend des poissons frais Tompson du fleuve et de l’océan. Son adresse d’affaire est imprécise, elle fait le porte à porte pour intéresser les clients (activité ambulante). Elle bénéficia de crédit de l’IMF Hekima de 50$ vers les années 2007. Avant cette activité de vente poissons, elle vendait des souliers usagers. Ce nouveau crédit doit lui servir de s’approvisionner de 3 cartons de poissons Tompson vers Kinsasa. La cliente Kabene K. remercie Hekima pour ses actions en faveur de pauvres exclus de banque classique. Il sied de signaler que ce groupe Fidélité est composé de 14 membres majoritairement femmes.
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.