Pandabilima, the customer, is an adviser to the loan group "Manne-SG". She is a brave entrepreneur who is 42 years old and the mother of 10 children who all attend school. Her spouse is a merchant and she sells second-hand shoes. She started this business with funds received from her husband and has been in business for 24 years. This new loan will be used to buy 15 bales of shoes. Both the financial crisis and the insecurity in the region are major obstacles to the development of her business. In the future, she would like to expand her business and take care of her children's education. She would also like to thank Hekima for the financial support it gives female entrepreneurs in the form of microloans.
La cliente Pandabilima est conseillère du groupe de crédit « Manne-SG », entrepreneur courageuse, âgée de 42 ans, mère de 10 enfants, qui étudient tous. Son conjoint est un commerçant. La cliente est vendeuse de souliers usés. Elle commença cette activité avec le fonds reçu de son mari. Il y a 24 ans, qu’elle fait ce commerce. Ce nouveau prêt va lui servir d’acheter 15 ballons de souliers. La crise financière, l’insécurité dans la région sont des obstacles majeurs pour le développement de son activité. Dans le futur, elle souhaite agrandir son entreprise et scolariser ses enfants. Ainsi, elle remercie Hekima pour son soutien en micro crédit aux femmes 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.