Mariamu has been a trader for twenty years, and she is a member of the business group 'Alpha'. This senior entrepreneur is forty-eight years old, married and has nine children. Seven of her children attend school but the others are still too young.
Mariamu sells second-hand shoes at the central market in the town. She has requested this loan from the field partner, Hekima, in order to expand her business. She will buy twenty pairs of women's shoes for resale. Mariamu's husband is a tailor and she started her business with money provided by him.
In the future, she would like to increase her working capital, feed and educate her children.
Mariamu is very grateful to Hekima for providing invaluable support to non-bankable, women entrepreneurs, by offering them unguaranteed loans. This is especially important during this post-conflict period in the east of the country.
La cliente Mariamu est une commerçante depuis 20 ans et membre d’un collectif d’affaires « Alpha ». Senior entrepreneur, âgée de 48 ans, mariée et mère de 9 enfants, dont 7 étudient et 3 autres sont encore gamins. Elle est vendeuse souliers usagés. Elle installe son business dans le marché central de la ville. Elle sollicite un prêt auprès de Hekima pour accroitre ses activités. Elle va acheter 20 paires de souliers dames. Son conjoint est un couturier. Elle avait débuté avec de fonds reçu de son mari. Dans l’avenir, elle souhaite accroitre son capital, scolariser et nourrir ses enfants. Elle remercie Hekima pour avoir bien choisi sa cible, en apportant un soutien aux femmes entrepreneurs exclues du système bancaire classique, tout en leur accordant des crédits sans garantie matérielle, surtout, pendant, la période post conflit dans la région de l’Est 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.