This client, Kiso, is an advisor of the loan group "Justice". She is a young entrepreneur, experienced, energetic, and a mother of four children, who are all students. Her husband is a broker. Kiso is a jewelry vendor. In addition, she occasionally sells 'pagnes' (the colorful cloth of western Africa). She sets up her merchandise at the public market and sometimes at her home. She started her business with her husband's assistance. Later on, she benefited from a loan from the microfinance institution Hekima. She has been in this business for twelve years.
This new loan is going to be used to purchase jeweled necklaces. Thus, she would like to provide schooling to her children, expand her business plans, and build a nice house. Challenges for developing her business include theft and outstanding debt.
In conclusion, she thanks Hekima very much for promoting autonomy among unbanked women entrepreneurs, especially during this critical time of war in the country's east.
La cliente Kiso est une conseillère du groupement de crédit « Justice », entrepreneur expérimentée, dynamique et mère de 4 enfants qui étudient tous. Son conjoint un homme d’affaire commissionnaire. La cliente est une vendeuse des bijoux. En plus, elle vend occasionnellement des pagnes. Elle installe ses articles au marché public, parfois à son domicile. Elle commença ses affaires avec l’assistance de son mari. Plus tard, elle bénéficia le prêt de l’IMF Hekima. Il y a 12 ans qu’elle exerce cette activité. Ce nouveau prêt va lui servir d’acheter les colliers de bijoux. Ainsi, elle souhaite scolariser ses enfants, étendre son projet de commerce et construire une jolie maison. Les vols, les impayés sont de défis pour le développement de son activité. Au finish, elle remercie fortement Hekima pour l’autonomisation des femmes entrepreneurs non bancables, surtout ; pendant ce moment critique de guerre à l’Est du pays.
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.