Mwinda Plus Group
Mbeli sells drinks and squash (the vegetable) in front of her house in the southwest part of the city of Kinshasa. She started her business in 2004 with an initial capital investment of $60. Since 2008 she has been a faithful client of The Micro-Finance Institution HOPE RDC (IMF HOPE RDC) and so far she has received 6 loans, all of which she has properly repaid.
She is counting on the next loan in order to strengthen her stock and to purchase drinks and squash, in order to respond to the demands of her clientele and therefore grow her revenues. Her dream is to open a beverage warehouse. Today her business generates profits of $15 each week.
Mbeli is married and the mother of 7 children whose ages range from 18 to 38 years old. One of the children attends school. She is determined to develop her business through this loan.
Mbeli est vendeuse des boissons et des courges devant sa maison dans la partie du sud-ouest de la ville de Kinshasa. Elle a commencé cette activité en 2004 avec un capital initial de $60. Elle est depuis 2008, cliente fidèle de l’Institution de Micro-Finance HOPE RDC (IMF HOPE RDC) et a déjà reçu 6 fois les crédits qu’elle a remboursés correctement. Elle compte avec le prochain prêt renforcer le stock en achetant des boissons et courges pour répondre à la demande de ses clients et ainsi accroitre le revenu. Son rêve est d’ouvrir un dépôt des boissons. Son affaire lui génère en ce jour un bénéfice de $15 par semaine. Mbeli est mariée et mère de 7 enfants dont leurs âges varient entre 18 et 38 ans. Un seul des enfants est scolarisé. Elle est déterminée à développer son activité à travers ces prêts.
About HOPE DRCHOPE 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.)
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Success!! The loan was 100% repaid