The customer Kahambu is the leader of the Nyota business group and is a 38-year old entrepreneur who is mother to three young children who are still at secondary school. She sells "pagnes" (colourful West African fabric). Her husband is an engineer and electro-mechanic. She displays her goods at the central market and has been carrying out small income-generating businesses of this kind for the past seven years. Meanwhile, she received her initial capital from her elder sister. This new loan will be used to purchase 25 pieces of "wax hollandais" fabric. She would also like to see her children grow up in comfort and expand her business; The customer thanks Hekima for it actions in favour of poor women who cannot access classic banks.
La cliente Kahambu, leader du groupe d’affaire «Nyota », est entrepreneur, âgée de 38 ans, mère de 3 jeunes enfants, qui étudient encore à l’école secondaire. Elle est vendeuse de d’habit (pagnes). Son mari est ingénieur électro -mécanicien. Elle installe ses marchandises au marché central. Il y a 7 ans révolus qu’elle exerce ces petites activités génératrices de revenus de ce genre. Cependant, elle a reçu son premier capital de sa grande sœur sous forme de d’assistance. Ce nouveau crédit doit lui servir de s’approvisionner avec 25 pièces de wax hollandais à marchander. En plus, elle souhaite voir ses enfants grandir confortablement et agrandir son entreprise. La cliente remercie Hekima pour ses actions en faveur de pauvres femmes exclues de banque classique.
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.