Vatenaye has been a seamstress and a ready-to-wear clothing seller for 10 years and is a member of the borrowing gropu "Imara." She is 44 years old, married, and the mother of 7 children, all of whom attend school. Vatenaye has a shop at her home and she works with her husband.
Vatenaye is requesting a loan from Hekima to expand her business. This new loan will allow her to purchase new supplies: fabric, thread, a sewing machine, needles, scissors, etc. She began her business with funds from her husband. In the future. Vatenaye hopes to build a larger shop, and to educate and feed her children. She thanks Hekima for their support of female entrepreneurs by providing them with credit without collateral.
La Cliente Vatenaye est une Couturière et vendeuse des habits prêt à porter depuis 10 ans et membre d’un groupe d’Affaires «Imara» âgée de 44 ans, mariée et mère de 7 enfants qui tous étudient. Elle est sociétaire d’un atelier, chez elle a don domicile et elle s’entraide avec son mari. Elle sollicite un prêt auprès de Hekima pour accroitre son entreprise. Ce nouveau prêt va la servir pour acheter des nouveaux matériels : Tissus, fil, machine à coudre, aiguilles, sison etc. Elle démarra avec de fonds reçu de son mari. Dans l’avenir, elle souhaite construire un atelier de grande envergure, scolariser et nourrir ses enfants. Elle remercie Hekima pour son soutien aux femmes entrepreneurs en leur accordant de crédit sans garantie matérielle.
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.