Buta is the leader of the "Tupatane" business group. She is a young entrepreneur of 28 years, married and the mother of 4 young children. Her husband teaches at a teachers' training college and she sells manioc flour. She has been a trader for 2 years and sells her wares at the regional market of Ndosho-CAJED. Buta got her initial start-up capital from IMF Hekima and has successfully completed 2 loan cycles with the institution. She will use this latest loan to buy a sac of manioc flour for resale. Buta would like to see her children grow up comfortably and expand her business. She would like to thank Hekima for helping underprivileged women excluded from regular bank lending channels.
La cliente Buta, leader du groupe d’affaire «Tupatane », est jeune entrepreneur, âgée de 28 ans, mariée, mère de 4 jeunes enfants. Son mari est un enseignant dans une école normale. Elle est vendeuse de farine de maniocs. Elle installe ses marchandises au petit marché sectoriel de Ndosho-CAJED. Il y a 2 ans révolus qu’elle exerce ces petites activités génératrices de revenus de ce genre. Cependant, elle vient de réaliser 2 cycles avec le crédit de Hekima. Son premier capital fut constitué par le crédit de l’IMF Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec 1 sac de farine de maniocs 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.