The customer, Véronique, is vice-president of the Bora business group. At 52, she is the eldest in the group and an experienced entrepreneur. She is mother to 12 children, some of whom are studying and others who already have their own households. Her husband is unemployed and has had no work for several years. Véronique sells fish and does this at the market and sometimes from home. She began her business with capital given to her by her husband. Over time she went bankrupt. As a result, around 2007 she got a loan from IMF Hekima so that she could restart her business. She has been doing this business for around 31 years now. This new loan will be used to buy four baskets of fish. She would thereby like to expand her business, educate and feed her children and also build a house. Finally, she is extremely grateful to Hekima for its support in the form of microfinance for small entrepreneurs.
La cliente Veronique est vice présidente du collectif d’affaire « Bora», doyenne, entrepreneur expérimentée, âgée de 52 ans, mère de 12 enfants dont certains étudient et d’autres ont déjà leurs foyers. Son conjoint est un chômeur, sans emploi depuis, plusieurs années. La cliente est vendeuse de poissons. Elle installe ses produits au marché et parfois à son domicile. Elle commença ses affaires avec son fonds propre reçu de son mari. Au fil des années, elle tomba en faillite. Ainsi, vers les années 2007, elle bénéficia le prêt de l’IMF Hekima pour redémarrer son activité. Il y a environ 31 ans, elle exerce cette activité. Ce nouveau prêt va lui servir d’acheter 4 paniers de poissons. Ainsi, elle souhaite accroitre son entreprise, scolariser, nourrir ses enfants et construire une maison. 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.