The borrower, a client of MFI Hekima and leader of the business group known as «Upendo-Kahembe », is a young entrepreneur, the mother of two young children. She sells fish and drinks. Her husband is jobless. She displays her merchandise at a community market. For four years, she has been busy with these money-earning activities. Meanwhile, she has just completed seven cycles in Hekima's micro-credit program. This latest loan will allow her to buy three baskets of fish to sell and 10 crates of drinks (Fanta, Primus, Aigle). In future, she would like to see her children grow up in comfort and to be able to buy a plot of land. She salutes Hekima's initiative in favor of poor women who are excluded from conventional banking services.
La cliente, leader du groupe d’affaire «Upendo-Kahembe », est jeune entrepreneur, mère de 2 jeunes enfants. Elle est vendeuse de poissons et des boissons. Son mari est chômeur. Elle installe ses marchandises au marché communal. Il y a 4 ans révolus qu’elle exerce ces petites activités génératrices de revenus. Cependant, elle vient de réaliser 7 cycles dans le programme de microcrédit de Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec 3 paniers de poissons à marchander et 10 casiers de boissons (Fanta, Primus, Aigle). En plus, elle souhaite voir ses enfants grandir confortablement et acheter une parcelle. La cliente salut l’initiative de l’IMF Hekima 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.