The client, who is the leader of the Ujumbe business group, is an ambitious young entrepreneur. She is 35 years old and mother of six young children who are still at primary school. She sells cement and construction materials. Her husband is a master mason. She sets up her merchandise in a warehouse located on the ULPGL Boulevard. She has been working in the field of small income generating activities for over eight years. However, she has just fulfilled nine loan cycles with Hekima. This new credit will enable her to stock up with 40 sacks of cement for trading. In addition, she wishes to see her children grow up comfortably and enlarge her business. The client thanks Hekima for their support for poor women who are excluded from classic banking establishments.
La cliente, leader du groupe d’affaire «Ujumbe », est jeune entrepreneur ambitieux, âgée de 35 ans, mère de 6 jeunes enfants, qui étudient encore à l’école primaire. Elle est vendeuse de ciments et matériaux de construction. Son mari est maitre maçon. Elle installe ses marchandises dans un dépôt situé au long de boulevard ULPGL. Il y a 8 ans révolus qu’elle exerce ces petites activités génératrices de revenus de ce genre. Cependant, elle vient de réaliser 9 cycles avec le crédit de Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec 40 sacs de ciments à marchander. En plus, elle souhaite voir ses enfants grandir confortablement et agrandir 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.