Barhabuligwarhiro N., an entrepreneur and the president of the business group "Bonne Nouvelle," is 47 years old, married and the mother of 8 children, who all go to school. Her husband is a teacher and the principal of a primary school. She runs a small business selling various items. She has a lightly-equipped boutique on her plot of land. She began her business with her own funds, received from her husband. She has been in business for 10 years. She has had 6 operational cycles receiving loans from the IMF Hekima. This new loan will allow her to stock up on new items (a drum of Rina refined table oil, a box of cookies, 25 kilograms of sugar, a dozen beauty lotions, etc). Moreover, she hopes to grow her business and diversify the products. The client Barhabuligwarhiro N. thanks Hekima for its investments in favor of the poor excluded from classic banks. It is suitable to point out that the business group "Bonne Nouvelle" is mostly women.
Barhabuligwarhiro N. est entrepreneur, présidente du groupe d’affaire « Bonne Nouvelle », âgée de 47 ans, mariée, mère de 8 enfants et tous fréquentent l’école. Son mari est instructeur, directeur d’une école primaire. Elle fait le petit commerce des articles divers. Elle a une boutique légèrement équipée dans sa parcelle. Elle commença son business avec son fonds propre reçu de son mari. Il ya 10 ans, qu’elle est en activité. Elle vient de réaliser 6 cycles opérationnels en bénéficiant de crédit de l’IMF Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec des nouveaux articles (1 bidon d’huile de table raffinée Rina, 1 carton de biscuits, 25 kilo de sucre, dizaine de lotion de beauté, etc. En plus, elle ambitionne agrandir son entreprise et diversifier les produits. La cliente Barhabuligwarhiro N. remercie Hekima pour ses actions en faveur de pauvres exclus de banque classique. Il sied de signaler que le groupe d’affaire « Bonne Nouvelle » est majoritairement féminins.
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.