The borrower, Kavanga, is a retailer with a four-year experience in her field. She is 40 years old and the mother of eight children who all go to school. She is a member and the leader of a business association called "Mariamu". She sells various types of clothes, displaying her goods at her town's busy market. She is taking a loan from Hekima in order to increase her activity. She will buy one bale of used clothing as well as other pricier clothes. Kavanga's husband also works in retail. Kavanga started her own business with some money received from her husband. In the future, she would like to increase her capital, feed her children, buy them clothes and pay for their education. She thanks Hekima for the support it provides to women with no access to the traditional banking system, and for granting them loans during this post-conflict period in the Eastern part of the country.
La Cliente Kavanga est une commerçante d’une expérience de 4 ans, âgée de 40 ans et mère de 8 enfants, tous étudient. La cliente est présidente et membre d’une Association d’Affaires « Mariam ». Elle est vendeuse de divers habits. Elle installe ses marchandises dans le marché mouvementé de la ville. Elle sollicite un prêt auprès de Hekima pour accroitre son activité. Elle va acheter 1 ballon de friperie et autres habits de prestige. Son conjoint,lui aussi, est commerçant. Elle démarra ses affaires avec le fonds reçu de son mari. Dans l’avenir, elle souhaite accroitre son capital, scolariser, vêtir et nourrir ses enfants. Elle remercie Hekima pour son soutien aux femmes entrepreneurs non bancables en leur accordant de crédit pendant, ce moment de poste conflit dans la région de 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.