This client, Kwabo, is the leader of the business group "Heri ya Mungu". An energetic and experienced entrepreneur, she is 39 years old, married, and the mother of eight children, all students. Her husband is a nurse. This client is also a nurse and an associate of a pharmacy. She started this business with funds from her husband about four years ago.
This new loan will be used to purchase a stock of medicines. Some of the major obstacles in developing her business are taxes, police hassles, and expiration dates for certain products. She would thus like to increase her capital and provide education to her children. So, she thanks Hekima very much for its micro-credit support of small-scale entrepreneurs.
La cliente Kwabo est leader du groupe d’affaire Heri ya Mungu, entrepreneur dynamique expérimentée, âgée de 39 ans, mariée et mère de 8 enfants qui étudient tous. Son conjoint est un infirmier. La cliente est aussi infirmier et sociétaire d’une pharmacie. Elle commença cette activité avec le fonds reçu de son mari, il y a environ 4 ans. Ce nouveau prêt va lui servir d’acheter un stock de médicaments. Les taxes et tracasseries policières, l’expiration des dates de certains produits sont des obstacles majeurs pour le développement de son activité. Ainsi, elle souhaite accroitre son capital, scolariser ses enfants. Au finish, elle remercie fortement Hekima pour son soutien en microcrédit 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.