The customer, Kitunyema, is a trader and also an advisor and member of the Safina business association. She is a dynamic entrepreneur, who is 58 years old. She lives by herself and has two children, who are both married. The customer sells groceries and lays out her goods on a stall in the town market. She began her business with an initial capital given to her by her parents. Later on she received a loan from IMF Hekima. She began her business 25 years ago. This new loan will be used to buy 13 sacks of cassava flour. She thereby hopes to be able to buy a plot of land and build on it, as well as to educate and feed her grandsons. Finally, she is extremely grateful to Hekima for making female entrepreneurs, who are exlcuded from classic banks, autonomous, particularly during this difficult post-conflict period in the east of the country.
La cliente Kitunyema est une commerçante, conseillère et membre du collectif d’affaires «Safina», entrepreneur, dynamique, âgée de 58 ans, femme vivant seule et mère de 2 enfants, qui sont tous mariés. La cliente est une vendeuse des denrées alimentaires. Elle installe sa marchandise dans un dépôt du marché de la ville. Elle commença ses affaires avec le premier capital reçu de ses parents. Plus tard, elle bénéficia le prêt de l’IMF Hekima. Il y a 25 ans qu’elle exerce cette activité. Ce nouveau prêt va la servir d’acheter 13 sacs de farine de manioc. Ainsi, elle souhaite acheter une parcelle et la construire, scolariser, nourrir ses petits fils. En définitif, elle remercie fortement Hekima pour l’autonomisation des femmes entrepreneurs exclues de système bancaire classique, surtout; pendant ce moment difficile post conflits à 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.