Magadju is a saleswoman and member of the business group «Pendeza». She is a businesswoman aged 24 with three children, two of them go to school and one is still an infant. The client sells chickens and eggs. She sets up her wares at a market in the town. She started her business with a first capital that she received from her husband. Her husband is a teacher in a public school. At a later time she received a loan from IMF Hekima. She has been in this business for two years. This new loan will enable her to buy 40 chickens and 50 packs of eggs. In this way she hopes to increase her capital, become a wholesaler, educate, feed, and clothe her children. Finally, she thanks Hekima warmly for their contribution towards the independence of non-bankable women in business, especially during this critical time of conflict in the Eastern part of the country.
La cliente Magadju est une commerçante et membre du groupe d’affaires «Pendeza », entrepreneur, âgée de 24 ans et mère de 3 enfants, qui 2 étudient et 1 est encore gosse. La cliente est vendeuse de poulets et des œufs. Elle installe ses marchandises dans le marché de la ville. Elle commença ses affaires avec le premier capital reçu de son mari. Son conjoint est un enseignant dans une école publique. Plus tard, elle bénéficia le prêt de l’IMF Hekima. Il y a 2 ans qu’elle exerce cette activité. Ce nouveau prêt va la servir d’acheter 40 poulets et 50 plaquettes d’œufs. Ainsi, elle souhaite accroitre son capital, devenir grossiste, scolariser, vêtir et nourrir ses enfants. En définitif, 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.