Muteba has been a merchant for six years. She is a member and the president of the business group Fidélité. A dynamic 43-year-old entrepreneur, she is married with eight children who all go to school. Her husband is a member of the loyalist army.
Muteba sells used shoes. She conducts her sales at a market downtown. She initially started her activity with funding from Hekima. She plans to use this loan to buy 350 pairs of shoes.
Her goals for the future are to bolster her working capital and to ensure that her children are fed and educated.
Muteba wishes to thank the Hekima MFI for making a wise choice in helping women entrepreneurs who cannot use the traditional banking system by
granting them loans without collateral, especially in these difficult post-war times in the Eastern region.
La cliente Muteba est une commerçante depuis 6 ans, présidente et membre d’un collectif d’affaires «Fidélité», entrepreneur, dynamique âgée de 43 ans, mariée et mère de 8 enfants qui tous étudient. Elle est vendeuse souliers usagés. Elle installe son business dans un marché du centre ville. Elle va acheter 350 paires de souliers. Son conjoint est un militaire de l’armée loyaliste. Elle débuta son activité avec de fonds reçu de Hekima. Dans l’avenir, elle souhaite accroitre son capital, scolariser et nourrir ses enfants. Elle remercie Hekima pour avoir bien choisi sa cible, en apportant un soutien aux femmes entrepreneurs exclues du système bancaire classique, tout en leur accordant des crédits sans garantie matérielle, surtout, pendant, la période post conflits dans la région de l’Est Pays.
More information about this loan
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.