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Bikamwa Plus Group
In this Group: Véronique, Léontine, Viviane, Viviane, Kanny, Gabriel, Yves, Wivine, Papy, Yvon, Brigitte, Monique, Felly, Elysée, Bwanga, Matondo, Bénédilte, Futi, Brigitte, Bébé, Marceline, Albertine, Louise, Pauline, Marie Louise
Véronique T. sells maize and manioc in front of her property. Rice and beans were the first foodstuffs she sold in 1979. Over the years, Véronique acquired a solid experience in this business. The fact that her customers need maize and manioc and the profit she makes from these sales pushed her to opt for these new products.



Obtaining various loans from Hope RDC bolstered her business and helped her progress toward achieving her goal of one day opening a depot for maize and manioc that she would deliver to the mothers in her neighborhood. The loan that she has received this month will be used to buy several sacks of maize and manioc for resale so as to increase her profit.



Presently, her business is generating a profit of US$ 15 per week. Véronique is 59, marrried and the mother of 9 children whose ages vary between 40 and 17. Only two live with her and are enrolled in school, whereas the others are all independent.

View original language description ↓
Véronique T. vend du maїs et du manioc devant sa parcelle. Le riz et le haricot étaient les premiers produits alimentaires qu’elle a vendus en 1979. Au fil des années, Véronique a acquit une expérience solide dans cette activité. Le besoin des clients en maїs et en manioc et surtout le bénéfice réalisé, l’ont poussée à opter pour ces nouveaux produits. L’obtention des différents crédits de Hope RDC, ont renforcé son affaire et l’ont aidée à avancer dans la réalisation de son ambition d’ouvrir un jour un dépôt de maїs et de manioc à livrer aux mamans de son quartier. Le prêt qu’elle a reçu ce mois lui a servi à acheter quelques sacs de mais et de manioc à revendre en vue d’accroitre le revenu. Actuellement, son activité lui génère un bénéfice de $15 par semaine. Véronique est âgée de 59 ans, mariée et mère de 9 enfants dont leurs âges varient entre 40 et 17 ans. Deux seulement vivent avec eux et sont scolarisés. Tandis que d’autres sont indépendants.

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.)

  • $700
    Average annual income
  • 6
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,635,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Bikamwa Plus Group's $2,575 loan helped a member purchasing several sacks of maize and manioc for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2009
Listed
Jun 27, 2009
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2009