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Rose Plus Group
In this Group: Godefroid, Béatrice, Bob, Christophe, Emérie, Fifi, Marthe, Sahara, Anne, Isabelle, Alphonse, Clarisse, Emilie, Marceline, Louise, Pétronie, Sele, Otono, Kaku, Madeilène, Pumu, Albertine, Sara, Bolio, Martine, Julie, Claire, Mboma
Godefroid K. sells various goods, such as soap, canned foods, sugar, vegetable oil, school supplies, etc... in Kingasani, which is located on the north side of the city of Kinshasa and its most populated part. He started the business by selling sweet beverages in 2001 with $20 in initial capital. From 2001-2005, it was prosperous, enabling him to open a small general store. Through decisive effort and accumulated profits, he was able to amass $250 of working capital this year.

Godefroid intends to use the loan of this May to buy merchandise to bolster his inventory in order to satisfy the needs of his customers for sugar and lollipops. He's running into difficulties due to electric power outages occurring at awkward moments. But he uses blocks of ice to cool his drinks just the way his customers like it. Currently, his business produces $144 in profits a month. He hopes to make more than that in the near future because his ambition is to open a cold room to store fresh foodstuff for customers with the goal of growing his revenues.

Godefroid has been a member of a HOPE RDC group named "La Rose" since 2008. He is 42 years old, married, and the father of four children, ranging in age from 2 to 12. Two of them go to school.
View original language description ↓
Godefroid K. vend des produits divers tels que du savon, des boites à conserves, du sucre, de l’huile végétale, des fournitures scolaires etc… à Kingasani qui se situe au nord de la ville et la partie la plus peuplée de Kinshasa. Il a commencé le commerce par vendre la boisson sucrée en 2001 avec un capital initial de $20. De 2001 – 2005, l’activité a prospéré et lui a permis d’ouvrir une petite boutique générale. Par un travail déterminant et des bénéfices accumulés, Godefroid est parvenu à réunir cette année un capital propre de $250. Il compte acheter avec le crédit du mois de mai courant des articles pour renforcer le stock de sa marchandise afin de satisfaire le besoin de ses clients en sucrés et sucettes. Il rencontre quelques difficultés dues aux coupures intempestives de l’électricité. Mais il utilise les blocs de glace pour refroidir la boisson tel que souhaité par sa clientèle. Actuellement, son affaire produit $144 de bénéfice par mois. Il espère faire plus que cela dans un proche avenir car son ambition est d’ouvrir une chambre froide pour stocker des vivres frais pour des clients dans le but d’accroitre le revenu. Godefroid est membre fidèle de l’un des groupes de Hope RDC dénommé « La Rose » depuis 2008. Il est âgé de 42 ans, marié et père de 4 enfants dont leurs âges varient entre 2 et 12 ans. Deux d’entre eux vont à l’école.

Additional Information

About HOPE DRC

HOPE International has been providing small business loans and savings services to thousands of entrepreneurs in DRC since 2004. HOPE DRC targets small business owners who can use loans to increase their inventories or invest in assets that have the potential to increase their incomes. Funds from Kiva lenders play a major role in expanding access to affordable, flexible capital for micro-entrepreneurs, 80% of whom are women.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Congo (Dem. Rep.)

  • $119
    Average annual income
  • 0
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,380,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Rose Plus Group's $2,700 loan helped a member to diversify his business by adding lollipops, which are sold a lot, to increase his profits.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2009
Listed
May 25, 2009
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2009