Tulia Buloso Amani, a businesswoman and treasurer of the Source business group, is 62 years old, married, and has 7 children. Her oldest son and youngest daughter are 42 and 26 years old respectively. Her husband is a driver. Tulia Buloso Amani is a retailer of sweet drinks (Fanta and Coca-Cola). She sells her products at home. She began her business with a fund of $50 from her husband. She has been in this business for two years. This new loan should serve to supply her with new merchandise (32 cases of Fanta and Coca-Cola). In addition, she aims to enlarge her business and spend the rest of her life in peace with her children and grandchildren. Tulia Buloso Amani is thankful to Hekima (one of Kiva's field partners) for its work dedicated to poor women who are excluded from the classical banking system. The Source group is made up of 31 members.
Tulia Buloso Amani est entrepreneur, trésorière du groupe d’affaire la Source, âgée de 62 ans, mariée, mère de 7 enfants. Ses fils ainé et cadette sont respectivement âgés de 42 ans et 26 ans. Son mari est un chauffeur. La cliente Tulia Buloso Amani est vendeuse des boissons sucrées (Fanta, Coca). Elle vend ses produits à son domicile. Elle démarra son activité avec un fonds de 50$ reçu de son mari. Il ya 2 ans qu’elle est en activité. Ce nouveau crédit doit lui servir de s’approvisionner avec des nouvelles marchandises (32 casiers de Fanta sucré et Coca).En plus, elle ambitionne agrandir son entreprise, passer le reste de sa vie en paix avec ses enfants et petits fils. La cliente Tulia Buloso Amani remercie Hekima pour ses actions dédiées aux pauvres femmes exclues de banque classique. Le groupe la Source est constitué de 31 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.