The client, leader of the business group Tosheka, is an entrepreneur, 46 years old, married, mother of eight year children of whom four are studying. Her husband is unemployed. She works selling minnows, locally called Sambaza. Over ten years have gone by since she started working in small revenue generating businesses like this. However, she just obtained her eighth loan from Hekima. This new loan must be used for her to stock up with two 20 kg basins of minnows. Additionally, she wishes to see her children grow up comfortably and increase her business. The client thanks Hekima for its actions in favor of poor women excluded from regular banks.
La cliente, leader du groupe d’affaire «Tosheka », est entrepreneur, âgée de 46 ans, mariée, mère de 8 jeunes enfants, dont seulement 4 étudient. Son mari est un chômeur. Elle est vendeuse de fretins localement appelés (Sambaza). Il y a 10 ans révolus qu’elle exerce ces petites activités génératrices de revenus de ce genre. Cependant, elle vient d’obtenir son 8eme crédit de Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec 2 basins de 20 kg de Fretins. En plus, elle souhaite voir ses enfants grandir confortablement et accroitre 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.