Orchidée Plus Group


Status: Paid Back

$4,425.00   Loan Request
$4,425.00   Paid Back

About the Group

Group Name: Orchidée Plus Group
Group Members: Pitchou Luza
Dénise Ewonga
Olga Kisalu
Lili Madieka
Mazandu Miezi
Pétronie Mujinga
Mutondo Bike
Madeleine Nsimba
Sophie Ngalula
Elysée Banieka
Jeannette Bitota
Israel Bitumba
Jean Kalala
Victorine Kishindo
Naomie Kuama
Annette Lukombo
Ida Mbwanda
Pauline Mpemba
Agnès Ngoya
Ernest Tshitumba
Didier Kazanga
Micho Piebe
Marie Atato
Marie Bokefele
Nadine Buanga
Alain Itha
Mimi Kamina
Jean Kimbanza
Thérèse Mbalaya
Aimé Mokili
Joséphine Mpemba
Guélord Nsala
Nathalie Ngoma
Location: Kinshasa, The Democratic Republic of the Congo
Activity: Services

About the Loan

Loan Amount: $4,425.00
Loan Use: buying 8 sacks of maize in order to diversify his business
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jul 7, 2009
Date Disbursed: Jun 23, 2009
Date Funded:Jul 12, 2009
Loan Ended:Nov 15, 2009

About the Country

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



Pitchou Luza runs two mills belonging to him, which constitute the essential part of his business. He bought the first mill in 1999. The second was acquired in 2008, thanks to the accumulated profit made with the first mill.



In January 2008, Pitchou decided to join one of the Hope groups called « Orchidée Plus » with the intention of making his dream come true: to open a maize depot and one day, to become a supplier of this product in his neighborhood situated in the south-east of Kinshasa.



He has already received three loans from Hope which he completely reimbursed. Pitchou intends, with this loan, to diversify his business by buying 8 sacks of maize to sell to earn income. Presently, his business is generating a profit of US$ 175 per week.



Pitchou is single and the father of a child of 3. The « Orchidée Plus » group has had the joy and the privilege to welcome John, Kiva fellow in Kinshasa.

Translated from French by Teresa Kramer, Kiva Volunteer


Pitchou Luza gère ses deux propres moulins qui constituent l’essentiel de son activité. Il a acheté le premier moulin en 1999. Le deuxième a été acquis en 2008, grâce aux bénéfices accumulés générés par le premier. En janvier 2008, Pitchou décide d’intégrer un des groupes de Hope dénommé « Orchidée Plus » dans le but de réaliser son rêve d’ouvrir un dépôt de mais et de devenir un jour, fournisseur de ce produit dans son quartier situé au sud-est de Kinshasa. Il a déjà reçu trois prêts chez Hope qu’il a remboursés totalement. Pitchou compte, avec le crédit actuel, diversifier son activité en achetant 8 sacs de maїs à revendre en vue d’accroitre le revenu. Actuellement, son affaire lui génère un bénéfice de $175 par semaine. Pitchou est célibataire et père d’un enfant âgé de 3 ans. Le groupe « Orchidée Plus » a eu la joie et le privilège de recevoir John, Kiva Fellow à Kinshasa.


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 Orchidée Plus Group


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

Thank you for your loan. It has been disbursed to Orchidée Plus Group, consisting of Pitchou Luza, Dénise Ewonga, Olga Kisalu, Lili Madieka, Mazandu Miezi, Pétronie Mujinga, Mutondo Bike, Madeleine Nsimba, Sophie Ngalula, Elysée Banieka, Jeannette Bitota, Israel Bitumba, Jean Kalala, Victorine Kishindo, Naomie Kuama, Annette Lukombo, Ida Mbwanda, Pauline Mpemba, Agnès Ngoya, Ernest Tshitumba, Didier Kazanga, Micho Piebe, Marie Atato, Marie Bokefele, Nadine Buanga, Alain Itha, Mimi Kamina, Jean Kimbanza, Thérèse Mbalaya, Aimé Mokili, Joséphine Mpemba, Guélord Nsala, Nathalie Ngoma 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
Jul 13, 2009
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Kiva Help Repayment Schedule for Orchidée Plus Group

  Expected Repayments Actual Repayments Comments
September 2009 $1,127.84 $1,201.07 Repayment Received
October 2009 $1,127.84 $1,054.61 Repayment Received
November 2009 $1,409.80 $1,409.80 Repayment Received
December 2009 $759.52 $759.52 Repayment Received