Bénédiction Bnd Group
Muruteke is requesting a loan from Hekima in order to expand her activity. She started in this business with some money received from the microfinance institution Hekima. Muruteke's husband is a car mechanic.
Muruteke is going to buy 40 pairs of shoes. In the future, she would like to expand her business as well as educate, feed and buy clothes for her children. She thanks Hekima for its support to women entrepreneurs excluded from the traditional banking system and for granting them loans without any collateral guarantee.
More information about this loan
Important InformationHEKIMA 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.
About Congo (Dem. Rep.)
31View loans »
Success!! The loan was 100% repaid