The customer, Mwamini, is advisor to the Asifiwe group. She is a young entrepreneur who is 29 years old, married and mother to four children. Her husband is a civil servant. The customer sells palm oil at the Nyabushongo market and she began her business with a loan from Hekima. She has had 20 loans as part of the microfinance project. Thanks to this program she says she has been able to realise several small projects. This new loan will allow her to buy seven barrels of oil. Transporting her goods is a major challenge for her. The customer would like to buy a plot of land and be able to educate her children. She is thus grateful to Hekima.
La cliente Mwamini est conseillère du groupe Asifiwe, mariée, jeune entrepreneur, âgée de 29 et mère de 4 enfants. Sont mari est un fonctionnaire. La cliente est vendeuse d’huile de palme au marché Nyabushongo. Elle commença son affaire avec le crédit de Hekima. Elle vient de réaliser 20 cycles de crédit dans ce programme de microfinance. Grace, à ce programme, elle a déjà réaliser plusieurs petits projets pour sa famille dit-elle. Ce nouveau prêt va lui server d’acheter 7 futs d’huile. Le transport de ses marchandises est un défi majeur pour elle. La cliente souhaite acheter une parcelle et scolariser ses enfants. Ainsi, elle remercie Hekima.
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.