Mwasangapi, the leader of the business group "Dynamique", is an experienced entrepreneur and doyenne. She is 46 years old, widowed and the mother of 4 children, some of whom are going to school and others who already have their own families. Her husband died suddenly. Mwasangapi is a shoe seller. She displays her items along the side of the road and sometimes at her home. She started her business with funds she received from her children around 5 years ago. This new loan will allow her to buy 2 bags of shoes. A challenge to her business comes from robbers and other highway bandits. She would like to increase her business, feed her children and ensure that they get an education. Finally, she would like to strongly thank Hekima for the support it provides in the form of microloans to small entrepreneurs.
La cliente Mwasangapi est presidente du collectif d’affaire « Dynamique», doyenne, entrepreneur expérimentée, âgée de 61 ans, veuve et mère de 4 enfants qui étudient et d’autres ont déjà leurs propres familles. Son conjoint fut brutalement décédé. La cliente est vendeuse de souliers.Elle installe ses articles au long de la rue, parfois à son domicile. Elle commença ses affaires avec son fonds propre reçu de ses enfants. Il y a environ 5 ans. Ce nouveau prêt va lui servir d’acheter 2 sacs de souliers. Les cambrioleurs, et autres bandits de grand chemin constituent un défi pour son entreprise. Ainsi, elle souhaite accroitre son entreprise, scolariser et nourrir 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.