Kahindo K. is an entrepreneur and the vice-president of the group named Tosheka. She is 52 years old and she is the mother of 9 children. Her husband passed away from a sudden illness. Kahindo K. sells charcoal (wood coal). In 2000, she started her business with money she received from her husband, a $35 allowance. She later approached IMF Hekima (Kiva Field Partner) for a loan of $50. She displays her products in the neighborhood market of Alanine-Katindo. The new loan will help her purchase 9 sacks of charcoal to increase the volume of her inventory and its value. Additionally, she hopes to purchase a parcel of land to build a comfortable dwelling for her children. Kahindo K. is grateful to Hekima for their actions towards the poor who are excluded from traditional banks. The Tosheka group is made up of 30 members.
Kahindo K. est entrepreneur, vice présidente du groupe Tosheka, âgée de 52 ans, veuve, mère de 9 enfants. Son mari fut décédé suite à une maladie inopinée. La cliente Kahindo K. est vendeuse des braises (charbon de bois). En l’an 2000, elle commença son business avec un fonds reçu de son ami sous forme d’une assistance non remboursable de 35$. Plus tard, elle bénéficia de crédit de l’IMF Hekima de 50$. Elle installe ses produits au marché sectoriel Alanine - Katindo. Ce nouveau crédit doit lui servir de s’approvisionner avec 9 sacs des braises pour augmenter son stock en volume et en valeurs. En plus, elle ambitionne acheter une parcelle et construire confortablement pour ses enfants. La cliente Kahindo K. remercie Hekima pour ses actions en faveur de pauvres exclus de banque classique. Le groupe Tosheka est constitué de 30 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.