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Divine Elévation Plus Group
In this Group: Fifi, Théophile, Clémentine, Thérèse, Béatrice, Roger, Trésor, Héradi, Nsimba, Kisita, Pélagie, Marie, Kikongi, Albertine, Emilie, Gaston, Rosalie, Aimé, Mado, Viviane, Gilbertine, Balu, Charly, Ntimasiemi, Clémentine, Marie-Jeanne, Béatrice, Bernadette, Sandra, Antoinette, Faustin, Madéleine, Marie, Françoise, Evariste, Sylvie, Nana, Sylvie, Siki, Pauli, Christine, Doudou, Théo, Réné
Fifi L. is a restaurant owner in southeast Kinshasa. In 1982 with $5 in capital, she started this business, grilling and sell fresh fish in front of her parcel of land. The period from 1982 to 1990 was characterized by apprenticing, acquiring experience in the trade, and building a permanent customer base. The pillaging from 1991 to 1993 seriously damaged her business, destroying all her efforts. In 2000, Fifi started up again and managed to achieve stability through determined work and good managing. Today, her restaurant receives an average of 40 customers a day generating a profit of $10 daily. Currently her capital amounts to $120.

Given the growing number of customers who are demanding a lot of salted fish and chicken, and given her limited financial means, Fifi decided to join a HOPE RDC group named “Divine Elévation Plus” with the aim of receiving loans that will enable her to satisfy customer needs and to grow her business revenues. Thus, with the loan received last May, she was able to buy a box of salted fish and some chickens, as planned, for her restaurant. Her ambition is to open a store selling fresh staple foods.

Fifi is 41 years old, unmarried, and the mother of a 21-year-old son.
View original language description ↓
Fifi L. est propriétaire d’un restaurant au sud-est de Kinshasa. Elle a débuté cette activité en 1982 avec un capital de $5, grillant des poissons frais et les vendant devant leur parcelle. La période de 1982 en 1990, a été caractérisée par l’apprentissage, l’acquisition d’expérience du métier et la constitution d’une clientèle permanente. Les pillages de 1991 et 1993 ont sérieusement endommagé son affaire réduisant tous ses efforts fournis à néant. Depuis 2000 jusqu’à ce jour, Fifi a relancé son activité et est parvenue à la stabiliser par un travail déterminant et une bonne gestion. Son restaurant reçoit aujourd’hui une moyenne de 40 clients et lui génère un bénéfice de $10 par jour. Actuellement, son capital propre est de $120. Vu le nombre croissant de ses clients qui demandent une grande quantité de poissons salés et des poulets, étant limitée en moyens financiers, Fifi a décidé d’intégrer un des groupes de Hope RDC dénommé « Divine Elévation Plus » en vue de recevoir des crédits qui vont lui permettre de satisfaire les besoins de la clientèle et accroitre le revenu de l’affaire. C’est ainsi qu’avec le crédit reçu au mois de mai dernier, elle a pu s’acheter 1 carton de poissons salés et des poulets comme prévu pour son restaurant. Son ambition est d’ouvrir une maison de vente des vivres frais. Fifi a 41 ans, célibataire et mère d’un fils âgé de 21 ans.

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
  • 16
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,594,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Divine Elévation Plus Group's $4,200 loan helped a member to buy a box of salted fish and some chickens for her restaurant.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2009
Listed
Jun 2, 2009
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2009