Travail Group


Status: Paid Back

$3,925.00   Loan Request
$3,925.00   Paid Back

About the Group

Group Name: Travail Group
Group Members: Nathalie Mbuyi
Camile Muzembo
Pathy Kabulu
Martine Nyakala
Roxy Matuvanga
Mafuta Mingi
Christine Kwedi
Yvette Okunimo
Constantine Lokoku
Philo Mayaku
Suzanne Keletu
Angelique Makiese
Dungu Samba
Lukunku Mujinga
Alphonsine Mbuyi
Clementatine Kisita
Adolphine Muyolo
Marie Anne Mujinga
Ketsia Tusikila
Therese Mujangi
Marie Cecile Makonga
Marie Ali
Bernadette Nzuiki
Michael Bokwala
Freddy Nkee
Chantal Longola
Pierre Kimbu
Anne Bomolo
Marie Louise Mboyo
Thythy Tshiswaka
Eugenie Kifele
Mimi Mishika
Fila Tshimbuyi
Location: Kinshasa, The Democratic Republic of the Congo
Activity: Manufacturing

About the Loan

Loan Amount: $3,925.00
Loan Use: To open a painting business.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 30, 2008
Date Disbursed: Nov 19, 2008
Date Funded:Dec 2, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:The Democratic Republic of the Congo
Avg Annual Income:$119.00
Currency:Congo/Kinshasa Francs (CDF)
Exchange Rate:575.5500 CDF = 1 USD



Roxy started his business in 1998 with a capital of $100 selling paints. He is 39 years old and has a daughter who is five years old. He studied at college the art of making paints. Roxy is planning with Hope’s loans to open a painting business. There is high demand for his paints, and many people like Roxy’s paint and services because he enjoys doing it. Roxy has been a faithful Hope client since last March. He received three loans which he repaid regularly and completely. Roxy lives and does his business in the Northern area of Kinshasa which is the most populated area of the city.



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 Travail Group


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

Thank you for your loan. It has been disbursed to the Nathalie Mbuyi group, consisting of Nathalie Mbuyi, Camile Muzembo, Pathy Kabulu, Martine Nyakala, Roxy Matuvanga, Mafuta Mingi, Christine Kwedi, Yvette Okunimo, Constantine Lokoku, Philo Mayaku, Suzanne Keletu, Angelique Makiese, Dungu Samba, Lukunku Mujinga, Alphonsine Mbuyi, Clementatine Kisita, Adolphine Muyolo, Marie Anne Mujinga, Ketsia Tusikila, Therese Mujangi, Marie Cecile Makonga, Marie Ali, Bernadette Nzuiki, Michael Bokwala, Freddy Nkee, Chantal Longola, Pierre Kimbu, Anne Bomolo, Marie Louise Mboyo, Thythy Tshiswaka, Eugenie Kifele, Mimi Mishika, Fila Tshimbuyi 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 next 3 months, 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
Dec 3, 2008
Comments (4)

L'évolution de l'affaire de Roxy Matuvanga
 
Entrepreneur: Travail Group
Location: Kinshasa, The Democratic Republic of the Congo

Roxy est content du crédit qu’il reçu au mois de novembre dernier. Ce crédit lui a permis d’ajouter le stock de sa marchandise en achetant 32 boites de peinture à huile. Actuellement, Il totalise 82 boites de peinture à huile. L’affaire de Roxy génère présentement à peu près $31 de bénéfice par mois contrairement au $ 24 qu’elle générait précédemment. Roxy pense ouvrir un autre point de vente pour accélérer l’écoulement de la marchandise. Il reste client fidèle de Hope et remercie toutes les personnes qui ont contribué à l’épanouissement de son affaire.


Posted by Robert Kalala from Kinshasa, The Democratic Republic of the Congo
Mar 24, 2009
Comments (2)

Kiva Help Repayment Schedule for Travail Group

  Expected Repayments Actual Repayments Comments
February 2009 $1,227.50 $1,227.50 Repayment Received
March 2009 $982.00 $982.00 Repayment Received
April 2009 $982.00 $982.00 Repayment Received
May 2009 $733.50 $733.50 Repayment Received