Muhindo has been a courageous merchant over the past two years, and is a member of the "Panorama" business partnership. She is a dynamic 45-year-old entrepreneur, the mother of three children, all attending school. She sells sundry items and is shareholder of a general store.
She is requesting a loan from Hekima to expand her business. She started out with funds received from a previous financial settlement. Her spouse is a development agent.
She will buy cartons of sweets, biscuits, powdered soap, cosmetics, one box of notebooks, five boxes of pens, matches, iodized salt, etc.
In the future, she wants to expand her activity, educate and feed her children. She thanks Hekima for its support to women entrepreneurs excluded from the traditional banking system.
La cliente Muhindo est une brave commerçante depuis 2 ans et membre d’une association d’affaires « Panorama», entrepreneur, dynamique, âgée de 45 ans et mère de 3 enfants, tous étudient. Elle est vendeuse des articles divers et sociétaire d’un magasin. Elle sollicite un crédit auprès de Hekima pour accroitre son entreprise. Elle commença avec de fonds reçu de son décompte final. Son conjoint est un agent de développement. Elle va acheter des cartons de bombons, des biscuits, savons en poudre, produits cosmétiques, 1 carton de cahiers, 5 boites de stylos, les allumettes, sel iodé, etc. Dans l’avenir,elle souhaite accroitre son activité, scolariser et nourrir ses enfants. Ainsi, elle remercie Hekima pour son soutien aux femmes entrepreneurs exclues du système bancaire classique.
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.