Pendano is an entrepreneur and the leader of the business group "La Victoire" (Victory). She is 37, married, and a mother of 3. Her husband is a mechanic. She sells vegetables, especially Sombé (cassava leaves), on the street, which she has been doing for 6 years. She started her business with 20$, which she got from knitting. She will use this new loan to buy 20 piles of fresh Sombé and use the rest of the money for other household-related mini-projects. In addition to that, she plans on expanding her business, sending her children to school, and buying a piece of land to build a house. Pendano thanks Hekima for what it does to help those who have been rejected by traditional banks. It should be noted that "La Victoire" is a business group which consists of female members mainly.
La cliente Pendano est entrepreneur, leader du groupe d’affaire « la Victoire », âgée de 37 ans, mariée, mère de 3 enfants. Son mari est un mécanicien. La cliente est vendeuse de légumes (spécialement du Sombé) au long de la rue ambiante. Il ya 6 ans qu’elle exerce cette activité. Elle démarra son business avec 20$ issus de ses revenus de tricotage. Ce nouveau crédit doit lui servir de s’approvisionner avec 20 tas de Sombé frais et le reste sera affecté aux mini projets de ménage. En plus, elle ambitionne agrandir son entreprise, scolariser ses enfants et acheter une parcelle pour y construire sa maison. La cliente remercie Hekima pour ses actions en faveur de pauvres exclus de banque classique. Il sied de signaler que le groupe d’affaire « la Victoire » 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.