The customer, Simisi, is the president of the business group Faida. A highly experienced entrepreneur, she is a married mother of 4 young children and has numerous grandchildren. Her husband is unemployed and sickly due to age. The customer is a seller of shoes. She started her business with a loan from IMF Hekima. She just completed 19 cycles in Hekima's microloan program. This new loan will help her to stock up with 40 pairs of shoes. The earnings of her micro business will compensate for miscellaneous needs (school, medical care, food, clothing, etc.) of her family, she says. Thus, she thanks Hekima for its support and help in making women in small business independent.
La cliente Simisi est la présidente du groupement d’affaire Faida, entrepreneur de hautement expérimentée, elle est mariée et mère de 4 jeunes enfants et de nombreux petits fils et filles. Son mari est sans emploi et demeure trop maladif suite à l’état vieillissement. La cliente est vendeuse de souliers. Elle commença son entreprise avec le crédit de l’IMF Hekima. Elle vient de réaliser 19 cycles dans le programme de micro crédit de Hekima. Ce nouveau crédit doit lui servir de s’approvisionner avec 40 paires de souliers. Les profits de sa micro entreprise lui servent de suppléer aux divers besoins (scolarité, soins médicaux, aliment, habillement, etc.) de son ménage dit-elle. Ainsi, elle remercie Hekima pour son appui et autonomisation des petits entrepreneurs femmes
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.