The customer, Consolate, is a member of the Faida Kwetu loan assocation. She is a married mother of seven. Her husband is a small business owner selling miscellaneous goods. The customer sells drinks like Primus, Fanta, etc. She is a member of a small bistro. He began her business with her own funds from her marriage contract. She just completed 3 cycles in the Hekima microloan program. She hopes to one day open a large store with brewery items. This new loan will help her to stock up with 4 cases of Primus, 2 cases of Amstel, and 2 cases of Fanta. The earnings from this business will help her to save a little and to pay for schooling and food her her household. Thus, she thanks Hekima for its support and help in making women in small business independent.
La cliente Consolate est membre de l’association de crédit Faida kwetu, elle est mariée et mère de 7 enfants. Son mari est un petit commerçant détaillant de divers. La cliente est vendeuse de boissons Primus, Fanta, etc. Elle est sociétaire d’un petit bistro. Elle commença son entreprise avec son fonds propre depuis de lors, qu’elle a contracté son mariage. Elle vient de réaliser 3 cycles dans le programme de microcrédit de Hekima. Elle ambitionne ouvrir un grand dépôt susceptible de fournir des produits brassicoles. Ce nouveau crédit doit lui servir de s’approvisionner avec 4 casiers de Primus et 2 casiers d’Amstel et de 2 de Fanta. Les profits de cette entreprise lui servent à réaliser de petites épargnes, de payer de scolarité, d’aliment pour son ménage. 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.