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Lisungi Plus Group
In this Group: Louise, Ayenia, Anne, Jeanne, Nyota, Sibatu, Kumbusona, Angel, Mbuyi, Marie, Jacquie, Godé, Lukiatima, Charlotte, Alphonsine, Monique, Julienne, Charlotte, Virginie, Chantal, André, Delphine, Marie, Guy, Kande
Louise E. has been working in micro-business since 2003. She began by selling salted fish with an initial capital of US$ 2, and her profits swiftly accumulated, allowing her to open up a little restaurant in 2004. The slowness with which this little restaurant developed, as far as turnover is concerned, pushed Louise to abandon it that same year and take up the selling of fish again, a business she was better versed in.



Being limited as far as financial means go and in view of her ever growing clientele, in 2005, Louise decided to join one of the groups of HOPE, called "Lisungi" which means "aid", with an eye to satisfying the needs of her customers and growing the income from her business. She has been a faithful client who has had several loans through HOPE and has correctly reimbursed them. Presently, her working capital stands at US$ 200. The loan she received this past month of May is being used to buy a big basket of smoked fish which she has added to her offerings along with salted fish, mushrooms, grubs (moth larvae, an important source of protein) and small fry (very young fish) that she already sells.



Her business generates a profit of US$ 80 per month. Her dream is to open a general store. Louise is married, 44 years old, and the mother of 6 children from 18 to 26 years of age. Only one of them is still living with the parents and attending school.

View original language description ↓
Louise E. est active dans la micro entreprise depuis 2003. Elle a commencé par vendre des poissons salés avec un capital initial de $2 dont les bénéfices se sont vite accumulés et lui ont permis d’ouvrir un petit restaurant en 2004. La lenteur du développement du petit restaurant en chiffres d’affaire, a poussé Louise de l’abandonner la même année et reprendre la vente des poissons qu’elle maitrisait plus. Etant très limitée en moyen financier et vu le nombre de sa clientèle qui ne cessait de croitre, Louise décide en 2005 d’intégrer un des groupes de Hope dénommée « Lisungi » qui signifie Aide en français, dans le but de satisfaire le besoin de ses clients et accroitre le revenu de son affaire. Elle est une cliente fidèle qui a reçu plusieurs fois les crédits de Hope et les a correctement remboursés à temps. Actuellement, son capital propre est de $200. Le crédit qu’elle obtenu au mois de mai dernier lui a servi d’acheter un gros panier des poissons fumés qu’elle a ajouté à coté des poissons salés, des champignons, des chenilles et des fretins qu’elle vend déjà. Son affaire lui génère un bénéfice $80 par mois. Son rêve est d’ouvrir une boutique d’articles divers. Louise est marié âgée de 44 ans et mère de 6 enfants dont leurs âges varient entre 18 et 26. Un seul parmi leurs enfants reste avec eux et va 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
  • 5
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,220,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Lisungi Plus Group's $3,200 loan helped a member purchase of a big basket of smoked fish for re-sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2009
Listed
Jun 4, 2009
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2009