Our customer Muvingi is an entrepreneur with five years of business experience. She is 35 years old and the mother of four children, all of whom attend school. This client is the member of the Boresha Maisha business group. She sells used clothing (bed linens, towels etc). She sets up her merchandise at the central market of her town. She is seeking a loan from Hekima to grow her business. She will buy five bales of used clothing. She has launched her business with the starting funds received from her husband. Her husband works in public administration (as a tax collection agent). In the future, she would like to take out a larger loan, buy a land plot, and provide for the education and food of her children. She thanks Hekima for its support of male and female entrepreneurs who have no access to traditional banking through microloans, at this time following armed conflicts in the eastern part of the country.
La Cliente Muvingi est une commerçante d’une expérience de 5 ans, âgée de 35 ans et mère de 4 enfants qui tous étudient. La cliente est membre d’un collectif d’Affaires «Boresha Maisha». Elle est vendeuse de friperie (Draps de lits, essuie mains, etc.). Elle installe ses marchandises dans un marché central de la ville. Elle sollicite un prêt auprès de Hekima pour accroitre son activité. Elle va acheter 5 ballons de friperie. Elle démarra ses affaires avec le fonds reçu de son mari. Son conjoint est un fonctionnaire de l'administration publique.(Percepteur des impôts). Dans l’avenir, elle souhaite accroitre son crédit, acheter une parcelle, scolariser et nourrir ses enfants. Elle remercie Hekima pour son soutien aux hommes et femmes entrepreneurs non bancables, en leur accordant de microcrédit, pendant, ce moment post conflits 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.