Ushindi B. M., the president of the Tuliya group, is 31 years old, married, and a mother of seven children. Her husband sells potatoes and she sells potatoes as his spouse. She began this business with her own capital, 300$, raised through her tontine. Later she benefitted from a loan from Hekima. She installs her products in a warehouse within the Nyabushongo sector market. She has conducted her business for nine years. This new loan should help her stock up with five sacks of potatoes and the rest will be savings. In addition, she hopes to buy a plot and build a beautiful home and later, to buy a transport vehicle for her merchandise. This client, Ushindi B. M., thanks Hekima for its actions that help the poor who are excluded from traditional banking. It should be noted that this Tuliya group is composed of 36 members.
Ushindi B. M. est présidente du groupe Tuliya, âgée de 31 ans, mariée, mère de 7 enfants. Son mari est vendeur des pommes de terre. Elle vend aussi de pommes de terre comme son conjoint. Elle commença son business avec son fonds propre, reçu de leur tontine une somme de 300$, plus tard, elle bénéficia de crédit de l’IMF Hekima. Elle installe ses produits dans un dépôt – marché - secteur Nyabushongo. Il y a 9 ans qu’elle exerce ce business. Ce nouveau crédit doit lui servir de s’approvisionner avec 5 sacs de pommes de terre, le reste pour l’épargne. En plus, elle ambitionne acheter une parcelle et construire une belle maison, plus tard acheter un véhicule de transport de ses marchandises. La cliente Ushindi B. M. remercie Hekima pour ses actions en faveur de pauvres exclus de banque classique. Il sied de signaler que ce groupe Tuliya est composé de 36 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.