The borrower Basikungoma is the leader of the business group Umoja Kibaba. She is a business woman, 44 years old, and the mother of 12 children. Only five of them attend school because there is not enough money to send them all. Her husband is a mechanic. The borrower sells Fanta. She displays her products in a small kiosk. She started this micro-business when she was young. Later, she received loans through Hekima. Now, she has been through 11 loan cycles through the micro-loan program with Hekima. This new loan will allow her to buy 15 cases of Fanta. She hopes to buy a parcel of land and build a comfortable house. The main challenge faced by her business is that she pays too much in taxes to the public administration. Therefore, she is grateful to Hekima for its support of small business owners.
La cliente Basikungoma est leader du groupe d’affaire Umoja Kibaba. Elle est entrepreneur, âgé de 44 ans et mère de 12 enfants dont 5 étudient et les autres n’étudient pas faute de moyens financiers. Son mari est un mécanicien. La cliente est vendeuse de Fanta. Elle expose ses produits dans un petit kiosque. Elle commença cette micro entreprise depuis sa jeunesse. Plus tard, elle accéda aux crédits de Hekima. Actuellement, elle vient de réaliser 11 cycles dans le programme de microcrédit de Hekima. Ce nouveau crédit lui permettre d’acheter 15 casiers de Fanta. Elle souhaite acheter une parcelle et y construire confortablement. Le grand défi de son activité est qu’elle paye trop de taxes de l’administration publique. Ainsi, elle remercie Hekima pour son soutien aux petits entrepreneurs.
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.