The client, representative of the loan group, is a 48 year old, married entrepreneur. She sells used clothing. She started her business when she moved from the village where she was born in the province of South Kivu to the city of Goma, where she was introduced to the business by her peers. Her husband is a master builder. The profits from her business are used for savings, and for feeding and educating her children. However, she just obtained her 20th loan from Hekima. Over this period, this client has seen her sales decrease noticeably following the economic instability. Thus she decided to reduce the loan sum this cycle. This new loan will be used for her to stock up with half a bale of used clothing. Additionally, she wishes to see her children grow up and build her house. The client thanks Hekima for its actions in helping poor women excluding from traditional banks to achieve autonomy. One ought to mention that the client is holding her baby.
La cliente, représentante du groupe de crédit, entrepreneur, âgée de 48 ans, mariée. Elle est vendeuses de friperie. Elle a commencé son business de lors qu’elle s’installa dans la ville de Goma en provenance de son village natal dans le Sud Kivu, ainsi, elle fut initié par ses pairs. Son mari est un maitre maçon constructeur. Les bénéfices de son activité servent d’épargne, d’alimentation et la scolarisation de ses enfants. Cependant, elle vient d’obtenir son 20eme crédit de Hekima. Au cours de la période, cette cliente a vu ses ventes sensiblement diminuent suite au déséquilibre macro économique. Ainsi elle a décidé de réduire son montant de crédit pour ce cycle. Ce nouveau crédit doit lui servir de s’approvisionner avec une moitie d’un ballon de friperie. En plus, elle souhaite voir ses enfants grandir et construire sa maison. La cliente remercie Hekima pour les actions d’autonomisation de pauvres femmes exclues de banque classique.Il sied de signaler qu’une cliente porte son bébé.
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.