The client, who is leader of the credit group Pendeza, is a bravely ambitious businesswoman. She is 46 years old and mother of eight young children who are studying and of others who already have their own homes. She sells tomatoes, groundnuts, spices, etc. Her husband is unemployed. She installs her merchandise in the small sectorial market in Ndosho. She started her business with the equivalent of about 30$ of her own money that her husband gave her, then later on received a further sum of 50$ from IMF Hekima. She has been doing these small money making activities for over three years. However, she has just benefited from a seventh loan from the IMF Hekima micro-credit program. This new credit will enable her to stock up with 2 baskets of tomatoes, fish, and 15 kilograms of groundnuts. In addition, she wishes to build her home decently and see her children grow up. The client thanks IMF Hekima for their action dedicated to poor women to help them towards economic and financial emancipation.
La cliente, leader du collectif de crédit « Pendeza », est un entrepreneur, courageusement ambitieux, âgée de 46 ans, mère de 8 jeunes enfants qui étudient et d’autres ont déjà leur propre foyer. Elle est vendeuse de tomates, arachides, épinces, etc. Son mari est chômeur. Elle installe ses marchandises dans le petit marché sectoriel de Ndosho. Elle commença son business avec son fonds propre reçu de son mari d’un montant équivalent à 30$, alors, plus tard elle bénéficia un fond additionnel de crédit de 50$ de l’IMF Hekima. Il y a 3 ans révolus qu’elle exerce ces petites activités génératrices de revenus de ce genre. Cependant, elle vient de réaliser 7 cycles en profitant du programme de microcrédit de l’IMF Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec 2 paniers de tomates,poissons, 15 kg d’arachides. En plus, elle souhaite voir ses enfants grandir et construire honorablement sa maison. La cliente remercie Hekima pour ses actions dédiées de pauvres femmes pour leur émancipation économique et financière.
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.