B. S. is an entrepreneur, leader of the business group Z.. She is 44 years old, married, and mother of 9 children. Her husband is unemployed. B. S. is a seller of fish fry (locally called Sambaza) and peanuts. She sets up shop at the regional market Nyabushongo, sometimes at her home, and at the side of the road, especially in the evening during rush hour. She started her business with funds received from her husband. Later, she received a loan of $50 from IMF Hekima. It has been 10 years that she's been in business. This new loan will allow her to stock new products (3 pools of fish fry and 50 kg of peanuts). In addition, she aims to grow her business, put her children in school and feed them comfortably. B. S. thanks Hekima for their work devoted to poor women excluded by traditional banks. The Z. group consists of 17 members.
B. S. est entrepreneur,leader du groupe d’affaire Z., âgée de 44 ans,mariée,mère de 9 enfants.Son conjoint est chômeur,sans emploi.B. S. est vendeuse de poissons fretins (localement appelé Sambaza)et arachides. Elle s’installe au marché sectoriel Nyabushongo, parfois à son domicile et au long de la rue surtout le soir pendant les heures de pointe. Elle démarra son activité avec un fonds propre reçu de son mari. Plus tard, elle bénéficia de crédit de l’IMF Hekima de 50$. Il ya 10 ans qu’elle est en action.Ce nouveau crédit doit lui servir de s’approvisionner avec des nouveaux produits(3 bassins de poissons fretins,50 kg d’arachides).En plus,elle ambitionne agrandir son entreprise, scolariser ses enfants et les nourrir confortablement. La cliente B. S. remercie Hekima pour ses actions dédiées aux pauvres femmes exclus de banque classique.Le groupe Z. est constitué de 17 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.