This client is chair of the Hodar borrowers’ group. This courageous 40-year old woman is an entrepreneur. She is married and the mother of ten children, six of whom study. Her husband is unemployed. She sells used clothing along the street that runs through the shantytown of Birere. She launched her business six years ago with the loan from IMF Hekima. She says that her revenues are put away as savings and are also used to pay for food, clothing and education of her children. This new loan will allow her to buy one bale of used clothing. In addition, her goal is to buy a motorcycle to use as a taxi and a land plot, where she could build a house to live in. The client thanks Hekima and its partners for its work to foster self-sufficiency and independence of low-income women.
La cliente est Conseillère de groupement de crédit Hodar, Femme courageuse, entrepreneur, âgée de 40 ans, mariée, mère de 10 enfants parmi les quels 6 enfants étudient. Son mari est un chômeur. Elle est vendeuse de friperie au long de la rue ambiante donnant accès aux avenues du bidonville de Birere.Elle commença son business avec le crédit de l’IMF Hekima, il ya environs 6 ans. Dit-elle, les bénéfices de son activité servent d’épargne, d’alimentation, d’habillement et scolarité pour ses enfants. Cependant, Ce nouveau crédit doit lui servir d’acheter 1 ballon de friperie. En plus, elle ambitionne acheter une moto d’exploitation taxi et une parcelle pour y construire confortablement sa maison d’habitation. La cliente remercie Hekima et ses partenaires pour les actions d’autonomisation et émancipation de pauvres femmes à faible revenu.
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.