The customer, Marie, is a trader and member of the Riziki Moya business group. She is 41 years old, single and mother to one child, who goes to school. The customer sells food products and lays out her goods at the entrance to the town. She began her business with funds given to her by her boyfriend. She has been carrying out this business for the past ten years. This new loan will be used to buy 50 kilos of sugar, 50 kilos of rice, vegetable oils and five kilos of powdered soap. She is planning to buy a plot of land to build on, and to be able to clothe, feed and educate her only son. Finally, she is extremely grateful to Hekima for giving autonomy to female entrepreneurs who do not have access to banks, particularly during this critical post-conflict period in the eastern region of the country.
La cliente Marie est une commerçante et membre d’un groupe d’affaires «Riziki Mpya », entrepreneur, âgée de 41 ans, célibataire et mère de 1 enfants, qui est scolarisé. La cliente est une vendeuse des denrées alimentaires. Elle étale sa marchandise à l’entrée de la ville. Elle commença ses business avec de fonds reçu de son petit ami. Il y a 10 ans qu’elle exerce cette activité. Ce nouveau prêt va la servir d’acheter 50 kg du sucre, 50kg de riz, les huiles végétales et 5kg savon en poudre. Ainsi, elle compte acheter une parcelle la construire, vêtir, nourrir et scolariser son unique fils. Au finish, elle remercie fortement Hekima pour l’autonomisation des femmes entrepreneurs non bancables, surtout; pendant ce moment critique 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.