The customer, Milama, is a good and honest trader with 17 years of experience. She is president and member of the Tabita busines association and is also an experienced and dynamic entrepreneur. She is 43 years old and mother to six children, all of whom are studying. She sells various car parts and is a member/shareholder of a store. She displays her goods in a store on the outskirts of the town. She is requesting a loan from Hekima so she can expand her business. She is going to buy four pairs of shock absorbers, two pairs of ball joints, 22 oil filters, 20 diesel filters, four sets of engine parts, four sets of bearing shells, five air filters, five brake shoes etc. She began her business with capital from her husband, who is a pastor in a local church. In the future she would like to increase her capital and become a wholesaler, build a fence round her land, and also educate, clothe and feed her children. She is extremely grateful to Hekima for the support it gives to male and female entrepreneurs, who cannot access banks, by granting them loans during this post-conflict period in the eastern region of the country.
L a Cliente Milama est une brave commerçante, d’une expérience de 17 ans président et membre d’une Association d’Affaires «Tabita », senior entrepreneur dynamique, âgée de 43 ans et mère de 6 enfants, qui tous étudient. Elle est vendeuse de divers pièces de rechanges véhicules et sociétaire d’un magasin. Elle installe ses marchandises dans un magasin des périphéries de la ville. Elle sollicite un prêt auprès de Hekima pour accroitre son activité. Elle va acheter 4 paires d’amortisseurs, 2 paires de rotules 20 filtres a huile, 20 a gasoil, 4 jeux de segments moteur, 4 jeux de coussinets de bielle, 5 filtres a air, 5 segments de frein, etc. Elle démarra ses affaires avec le fonds reçu de son mari. son conjoint est un pasteur dans une Eglise locale. Dans l’avenir, elle souhaite accroitre son capital et être grossiste, érige une cloture de sa parcelle, scolariser, vêtir et nourrir ses enfants. Elle remercie vivement Hekima pour son soutien aux hommes et femmes entrepreneurs non bancables en leur accordant de crédit pendant, ce moment de post 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.
A portion of Tabita Group's $8,000 loan helped a member to buy four pairs of shock absorbers, two pairs of ball joints, 22 oil filters, 20 diesel filters, four sets of engine parts, four sets of bearing shells, five air filters, five brake shoes etc.