Kavira M. is president of the Tuchukuliane group. She is 46 years old, married and mother to eleven children, one of whom is dead. All her other children are studying. Her husband is a teacher. She sells palm oil. She began her business with her own money and later on, around 2002 and after the eruption of the Nyiragongo volcano, she benefited from a loan of $50 from IMF Hekima. She sells her products at the market. This new loan will allow her to stock up with ten containers of palm oil. Her ambition is to buy a piece of land and build a beautiful house. This customer, Kavira M., thanks Hekima for its actions in favour of the poor, who have no access to classic banks. It should be noted that the Tuchukuliane group is made up of 15 members.
Kavira M. est présidente du groupe Tuchukuliane, âgée de 46 ans, mariée, mère de 11 enfants dont l’un fut décédé. Tous ses enfants étudient. Son mari est enseignant. Elle vend l’huile de palme. Elle commença son business avec son fonds propre, plus tard, elle bénéficia de crédit de l’IMF Hekima de 50$ vers les années 2002, après éruption du volcan Nyiragongo. Elle installe ses produits au le marché. Ce nouveau crédit doit lui servir de s’approvisionner avec 10 bidons d’huile de palme. En plus, elle ambitionne acheter une parcelle et construire une belle maison. La cliente Kavira M. remercie Hekima pour ses actions en faveur de pauvres exclus de banque classique. Il sied de signaler que ce groupe Tuchukuliane est composé de 15 membres.
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.