The customer, Sauda, is a trader and she is also president and a member of the Asifiwe Banc Villageois. She is a dynamic entrepreneur, who is 42 years old, married and mother to five children, who are all studying. She sells palm oil and lays out her goods in a local market. She began her business with a first loan from Hekima and she continues to run her business thanks to the IMF Hekima loan. She has been carrying out her business for the past ten years. Her husband is a driver. This new loan will be used to buy 500 liters of oil. She would like to be able to build a beautiful house, educate, clothe and feed her children. Finally, she is extremely grateful to Hekima for enabling small businessmen and women who are excluded from the classic bank system to become autonomous, particularly during this difficult post-conflict period in the eastern region of the country.
La cliente Sauda est une commerçante présidente et membre d’une banque villageoise «Asifiwe», entrepreneur, dynamique, âgée de 42ans, mariée et mère de 5 enfants, qui tous étudient. La cliente est vendeuse d’huile de palme. Elle installe sa marchandise dans un marché de la place. Elle commença ses affaires avec le premier capital reçu de Hekima. Jusqu'aujourd'hui, elle continue avec le prêt de l’IMF Hekima. Il y a 10 ans qu’elle exerce cette activité. Son conjoint est un chauffeur. Ce nouveau prêt va la servir d’acheter 500 litres d’huile. Ainsi, elle souhaite construire une belle maison, scolariser, vêtir et nourrir ses enfants. Au finish, elle remercie fortement Hekima pour l’autonomisation des petits entrepreneurs exclus du système bancaire classique, surtout ; pendant ce moment difficile 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.