Prodige Plus Group


Status: Paid Back

$4,025.00   Loan Request
$4,025.00   Paid Back

About the Group

Group Name: Prodige Plus Group
Group Members: Isabelle Mfuti
Jeanine Asele
Kete Payilu
Hélène Kuna
Gérard Mabasa Nitu
Vickie Makake
Emilie Matumona
Mado Mayonza
Joséphine Mbiyavanga
Mesa Buata
Damien Mpuku
Pierre Muanda
Hélène Munki
Nana Ngemba
Jacqueline Ngunga
Angel Kembi
Mado Nlambi
Antoine Ramazani
Claudine Sita
Henriette Soki
Pierre Muanza
Christine Wapa
Fifi Menayaku
Blandine Ndona
Mafangi Vina
Mayala Mabonyo
Marie Mbuila
Thérèse Nlandu
Carine Nkee
Christine Hono
Lukadi Zena
Martine Moke
Location: Kinshasa, The Democratic Republic of the Congo
Activity: Retail

About the Loan

Loan Amount: $4,025.00
Loan Use: purchasing flip-flops and salted fish to resell
Repayment Term: 5 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 8, 2009
Date Disbursed: Jun 2, 2009
Date Funded:Jun 9, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:The Democratic Republic of the Congo
Avg Annual Income:$119.00
Currency:United States Dollars (USD)



Isabelle is a lady who is best known, in her neighborhood situated in the east of Kinshasa, for her love of work and for the good quality of the salted fish and flip-flops she sells. She is also characterized by particular courage and determination. She is always ready to serve her customers. When she gets a new shipment in, she goes around the neighborhood to let folks know.



Isabelle began this business in 1990, selling smoked fish, with an initial capital of US$ 75. After having acquired a solid experience, she worked hard and managed her business well, and the profit she put aside amounted to a capital of more than US$ 400 in 2004.



From 2004-2007 the currency depreciation and price hikes perturbed her business and caused it to decrease. In August 2008, Isabelle decided to join one of the groups of Hope RDC called "Prodigy", intending to increase her capital and find permanent financial support. She is a faithful client who has received several loans from Hope RDC and has reimbursed them on time. The loan she has received this month of June allowed her to buy salted fish and flip-flops to resell so as to increase her revenue. Presently, her personal capital stands at US$ 150. Her dream is to open a general store.



Isabelle is married and the mother of 7 children, whose ages vary between 2 and 20. Five of them are enrolled in school. Isabelle is proud to be a micro-entrepreneur.

Translated from French by Teresa Kramer, Kiva Volunteer


Isabelle est une dame qui est mieux connue dans son quartier situé à l’est de Kinshasa par son amour du travail, la bonne qualité des poissons salés ainsi que des babouches qu’elle vend. Elle est aussi caractérisée par un courage et détermination particuliers. Elle est toujours prête à servir ses clients. Quand il y a un nouvel arrivage de ses marchandises, elle fait un tour dans le quartier pour les informer de l'arrivage. Elle a commencé le commerce en 1990 en vendant des poissons fumés avec un capital initial de $75. Après avoir acquit une solide expérience, elle a durement travaillé avec une bonne gestion, les bénéfices accumulés lui ont procuré en 2004, un capital de plus de $400. De 2004 à 2007, la dépréciation monétaire ainsi que la hausse des prix ont perturbé l’évolution de son activité et lui ont causé une baisse. En aout 2008, Isabelle décide de rejoindre un des groupes de Hope RDC dénommé « Prodige » dans le but de renforcer son capital et d’avoir un appui financier permanent. Elle est une cliente fidèle qui a reçu des crédits chez Hope RDC et les a totalement remboursés à temps. Le crédit qu’elle a obtenu ce mois de juin lui a servi d’acheter des poissons salés ainsi que des babouches à revendre en vue d’accroitre son revenu. Actuellement, son capital propre est de $150. Son rêve est d’ouvrir un jour une boutique générale. Isabelle est mariée et mère de 7 enfants dont leurs âges varient entre 2 et 20 ans. Cinq d’entre eux étudient. Elle est fière d’être micro-entrepreneur





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

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Journal entries for Prodige Plus Group


Loan has been disbursed
 
Entrepreneur: Prodige Plus Group
Location: Kinshasa, The Democratic Republic of the Congo

Thank you for your loan. It has been disbursed to Prodige Plus Group, consisting of Isabelle Mfuti, Jeanine Asele, Kete Payilu, Hélène Kuna, Gérard Mabasa Nitu, Vickie Makake, Emilie Matumona, Mado Mayonza, Joséphine Mbiyavanga, Mesa Buata, Damien Mpuku, Pierre Muanda, Hélène Munki, Nana Ngemba, Jacqueline Ngunga, Angel Kembi, Mado Nlambi, Antoine Ramazani, Claudine Sita, Henriette Soki, Pierre Muanza, Christine Wapa, Fifi Menayaku, Blandine Ndona, Mafangi Vina, Mayala Mabonyo, Marie Mbuila, Thérèse Nlandu, Carine Nkee, Christine Hono, Lukadi Zena, Martine Moke by HOPE DRC, a partner of HOPE International in The Democratic Republic of the Congo. We are excited to watch this business grow. Over the 3 months of this loan, HOPE DRC, a partner of HOPE International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kinshasa, The Democratic Republic of the Congo
Jun 10, 2009
Comments (1)

Merci beaucoup
 
Entrepreneur: Prodige Plus Group
Location: Kinshasa, The Democratic Republic of the Congo

Nkembi travaille durement pour la prospérité son activité en dépit de nombreux défis liés à l’environnement économique instable. Votre appui financier à travers des crédits l’encouragent énormément à persévérer dans la poursuite de son objectif d’ouvrir un jour une boutique générale. Elle vous remercie très sincèrement.


Posted by Robert Kalala from Kinshasa, The Democratic Republic of the Congo
Sep 8, 2009
Comment on this entry

Kiva Help Repayment Schedule for Prodige Plus Group

  Expected Repayments Actual Repayments Comments
August 2009 $750.93 $750.93 Repayment Received
September 2009 $1,001.24 $1,001.24 Repayment Received
October 2009 $1,001.24 $1,001.24 Repayment Received
November 2009 $1,271.59 $1,271.59 Repayment Received