Karubamba F. is an entrepreneur, president of the business group Tunashukuru, 38 years old, married, and the mother of 12 children- all of whom are in school except for the youngest. Her husband is a civil servant. Karubamba F. sells beverages (Fanta, Primus). She has set up shop in a small restaurant in a bus depot. She started her own business with funds from her husband. She has been in business for four years. This new loan will enable her to pay the school fees for her children. In addition, she hopes to grow her enterprise and educate her children comfortably. Karubamba F. thanks Hekima for its initiatives dedicated to poor women excluded from formal banks. The Tunashukuru Group is made up of 45 members.
Karubamba F. est entrepreneur, présidente du groupe d’affaire Tunashukuru, âgée de 38 ans, mariée, mère de 12 enfants qui étudient tous, sauf le cadet. Son marie est un agent de la fonction publique. La cliente Karubamba F. est vendeuse des boissons (Fanta, Primus). Elle s’installe dans un dépôt relais. Elle démarra son activité avec un fonds propre reçu de son mari. Il ya 4 ans qu’elle est en activité. Ce nouveau crédit doit lui servir de payer les frais scolaires de ses enfants. En plus, elle ambitionne agrandir son entreprise, et scolariser ses enfants confortablement. La cliente Karubamba F. remercie Hekima pour ses actions dédiées aux pauvres femmes exclues de banque classique. Le groupe Tunashukuru est constitué de 45 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.