The client, secretary of the "Farijika" business group", is a 37-year-old entrepreneur. She is a married mother of 10 young children, all of whom are in school. Her husband is an evangelical pastor. She sells various goods (Fanta, shoes, soap, sugar, etc.). For 12 years, she has run these types of small income-generating activities. Meanwhile, she has just obtained her tenth loan from Hekima. This new loan should serve to supply her with two cases of Fanta, 25 kg of sugar, 20 pairs of shoes, etc. In addition, she hopes to watch her children grow, to expand her business, and to buy and build a house. This client is grateful to Hekima for its actions in favour of poor women excluded from the classical banking system.
La cliente, secrétaire du groupe d’affaire «Farijika », est entrepreneur, âgée de 37 ans, mariée, mère de 10 jeunes enfants, qui étudient tous. Son mari est un évangéliste pasteur. Elle est vendeuse de divers (Fanta, souliers, savons, sucre, etc.). Il y a 12 ans révolus qu’elle exerce ces petites activités génératrices de revenus de ce genre.Cependant,elle vient d’obtenir son 10eme crédit de Hekima.Ce nouveau crédit doit lui servir de s’approvisionner avec 2 casiers de Fanta , 25 kg de sucres, 20 paires de souliers, etc. En plus, elle souhaite voir ses enfants grandir, accroitre son entreprise, acheter et construire une maison. 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.