Mervedi Plus Group

Marie Kudima Mamu is a member of a HOPE RDC group that she joined in December 2008 with the goal of bolster her business. One day she hopes to realize her dream of opening a general store. She has been selling beignets since 2001 in an outlying district of Kinshasa. Her loyal customers are mainly children and adolescents.

In 2001, her initial capital was $1, which she multiplied through her efforts, correct management, and accumulated profits, all of which gained her $90 in capital in 2003. From 2003-2008, Marie still worked a lot to attain $180 in capital. She then started to receive loans from HOPE that she repaid completely. Given the growing number of customers she has, Marie used the loans obtained last May for buying: a sack of wheat flour, a 25-liter drum of vegetable oil, a sack of sugar, and a container of leavening in order to satisfy the demand and also to grow her profits.

Marie is 36 years old, married, and the mother of son, age 20, who is a student. She is very proud of her business and is determined to achieve her dream.

Translated from French by Dan Kuey, Kiva Volunteer

Marie Kudima Mamu est membre d’un des groupes de Hope RDC qu’elle a intégré en décembre 2008 dans le but de renforcer son activité en vue de réaliser son rêve d’ouvrir un jour une boutique générale. Elle vend des beignets depuis 2001 dans un quartier périphérique de Kinshasa. Ses clients fidèles sont principalement des enfants et adolescents. Son capital initial en 2001 était de $1 qu’elle a multiplié grâce aux efforts fournis, une bonne gestion et des bénéfices accumulés qui lui ont procuré un capital de $90 en 2003. De 2003 – 2008, Marie a encore beaucoup travaillé pour atteindre un fonds propre de $180 avant de commencer à recevoir les crédits de Hope qu’elle a totalement remboursés. Vue le nombre croissant de ses clients, Marie a utilisé le crédit obtenu en mai dernier pour acheter 1 sac de farine de froment, 1 bidon de 25 litres d’huile végétale, 1 sac du sucre et 1 boite de levure en vue de satisfaire la demande et d’accroitre aussi le bénéfice de son affaire. Elle a 36 ans, mariée et mère d’un fils étudiant âgé de 20 ans. Marie est très fière de son activité et est déterminée à atteindre son objectif.


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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