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Orchidée Plus Group
In this Group: Pitchou, Dénise, Olga, Lili, Mazandu, Pétronie, Mutondo, Madeleine, Sophie, Elysée, Jeannette, Israel, Jean, Victorine, Naomie, Annette, Ida, Pauline, Agnès, Ernest, Didier, Micho, Marie, Marie, Nadine, Alain, Mimi, Jean, Thérèse, Aimé, Joséphine, Guélord, Nathalie
Pitchou L. runs two mills belonging to him, which constitute the essential part of his business. He bought the first mill in 1999. The second was acquired in 2008, thanks to the accumulated profit made with the first mill.



In January 2008, Pitchou decided to join one of the Hope groups called « Orchidée Plus » with the intention of making his dream come true: to open a maize depot and one day, to become a supplier of this product in his neighborhood situated in the south-east of Kinshasa.



He has already received three loans from Hope which he completely reimbursed. Pitchou intends, with this loan, to diversify his business by buying 8 sacks of maize to sell to earn income. Presently, his business is generating a profit of US$ 175 per week.



Pitchou is single and the father of a child of 3. The « Orchidée Plus » group has had the joy and the privilege to welcome John, Kiva fellow in Kinshasa.

View original language description ↓
Pitchou L. gère ses deux propres moulins qui constituent l’essentiel de son activité. Il a acheté le premier moulin en 1999. Le deuxième a été acquis en 2008, grâce aux bénéfices accumulés générés par le premier. En janvier 2008, Pitchou décide d’intégrer un des groupes de Hope dénommé « Orchidée Plus » dans le but de réaliser son rêve d’ouvrir un dépôt de mais et de devenir un jour, fournisseur de ce produit dans son quartier situé au sud-est de Kinshasa. Il a déjà reçu trois prêts chez Hope qu’il a remboursés totalement. Pitchou compte, avec le crédit actuel, diversifier son activité en achetant 8 sacs de maїs à revendre en vue d’accroitre le revenu. Actuellement, son affaire lui génère un bénéfice de $175 par semaine. Pitchou est célibataire et père d’un enfant âgé de 3 ans. Le groupe « Orchidée Plus » a eu la joie et le privilège de recevoir John, Kiva Fellow à Kinshasa.

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
  • 8
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,200,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Orchidée Plus Group's $4,425 loan helped a member buying 8 sacks of maize in order to diversify his business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2009
Listed
Jul 7, 2009
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2009