Badesire B. is an entrepreneur, and president of the group Divine. She is 48 years old and mother of 6 fatherless children. In spite of their situation, her children continue their studies comfortably. She sells various products from a stall at her home. She started up her business with her own money. She received a loan of 50$ from the IMF Hekima in 2004 when she worked with the Shangilieni group. This new loan should allow her to buy new articles (sugar, cooking salt, soap, sweets, matches, biscuits etc.) to increase her stock in volume and value. In addition, she aims to purchase a motorbike in order to provide an urban taxi service. Badesire B. would like to thank Hekima for their action in favour of the poor who are excluded from classic bank loans. It should be pointed out that the Divine group is made up of 33 members.
Badesire B. est entrepreneur, présidente du groupe Divine, âgée de 48 ans, veuve, mère de 6 enfants orphelins de père. En dépit de tout, ses enfants étudient confortablement. Elle fait le petit commerce de vente de divers dans un kiosque à son domicile. Elle commença son business avec son fonds propre. Elle bénéficia de crédit de l’IMF Hekima de 50$ en 2004 lorsqu’elle travaillait avec le groupe Shangilieni. Ce nouveau crédit doit lui servir de s’approvisionner avec des nouveaux articles (sucres, sel de cuisine, savons, bombons, allumettes, biscuits, etc.) pour augmenter le stock en volume et en valeurs. En plus, elle ambitionne acheter une moto pour faire le taxi urbain. La cliente Badesire B. remercie Hekima pour ses actions en faveur de pauvres exclus de banque classique. Il sied de signaler que le groupe Divine est composé de 33 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.