Fad Plus Group

José Dieditome is a bread representative and also manages his own shop. He buys bread in large quantities from a large Kinshasa bakery and makes deliveries to customers. He has worked fifteen years as a baker. He started his first business in 1985 by opening his shop, which developed through 1990. With the events that followed, such as the political instability and the wars, he had to change his business several times according to the circumstances. It was in 2004, after closing their company (a bakery), that he decided to start a bread business by becoming a member client in another large bakery in the city with an initial $50 in capital.

Today, José has many customers and his business continues to prosper. The loan he received enabled him to increase the number of orders for bread, so as to satisfy customer needs each morning and evening. His business brings in a profit of about $300 a month which helps him to support his family. Currently, his capital amounts to $650.

José is 45 years old, married, and the father of two children who are 8 and 12 years old, and both attend school. His ambition is to open his own bakery.

Translated from French by Dan Kuey, Kiva Volunteer

José Dieditome est dépositaire des pains et gère aussi sa propre boutique. Il est achète des pains en grande quantité dans une grande boulangerie de Kinshasa et les livre à ses clients. José a travaillé pendant 15 ans comme boulanger. Il a commencé son premier commerce en 1985 en ouvrant une boutique qui a bien évolué jusqu’en 1990. Avec les évènements qui se sont succédés dans le pays tels que les instabilités politiques et les guerres, il a du changer plusieurs fois les activités selon les circonstances. C’est en 2004 après la fermeture de leur société (boulangerie), qu’il a décidé de débuter l’affaire des pains en s’abonnant comme client dans une autre grande boulangerie de la ville avec un capital initial de $50. José a aujourd'hui beaucoup de clients et son affaire ne cesse de prospérer. Le crédit qu’il a recu lui a permit d’augmenter la quantité de commande des pains afin de satisfaire le besoin des clients chaque matin et soir. Son activité lui procure un bénéfice dà peu près $300 par mois qui l’aident à supporter les charges de sa famille. Actuellement, son capital propre est de $560. José est âgé de 45 ans, marié et père de 2 enfants dont leurs âges sont 8 et 12 ans. Ils vont tous deux à l’école. Son ambition est d’ouvrir sa propre boulangerie.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

Subscribe