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Cité De La Gloire Plus Group
In this Group: Yuya, Sylvie, Odette, Daddy, Blandine, Béa, Cadette, Mamie, Nkusu, Phuati, Huguette, Baba, Vicky, Lelo, Bébé, Mahele, Kongolo, Amba, Chantal, Jeanne, Bukaka, Josué, Nkiambi, Flora, Isabelle
Cité de la Gloire Plus is a communal bank composed of 25 members, with Yuya being the manager. This group regularly receives and repays loans from the MFI HOPE DRC. Yuya M. is 55 years old, and lives in the mountainous area west of Kinshasa. She has been active in the the sale of food for many years. She sells shikwangues (a bread made of cassava flour), fish and turkey meat. She is well known in her neighborhood because of the quality of her food products.Yuya is a loyal client of the MFI, HOPE DRC, having already received 2 loans and fully repaid them on time. Considering the growing demand from her clients, she is planning to increase her inventory of products with the next loan, by buying a bag of shikwangues and a carton of turkey meat for resale to increase profits. Her current activities bring her a weekly profit of $23. Her short-term goal is to purchase a refrigerator to preserve her fresh products. Yuya is married, and has 6 children and 2 grandchildren. Her children are between the ages of 16 and 33, and two of them go to school.
« Cité de la Gloire Plus » est une banque communautaire constituée de 25 membres solidaires dont Yuya est dirigeante. Ce groupe reçoit et rembourse régulièrement des crédits reçus de l’IMF HOPE RDC.
Yuya M. 55 ans, habite dans la partie montagneuse située à l’ouest de Kinshasa. Elle est active dans la vente d’aliments depuis des années. Elle vend des shikwangues, poissons et la viande des dindes. Elle est mieux connue dans son quartier à cause de la qualité de ses aliments. Yuya est cliente fidèle de l’IMF HOPE RDC qui a déjà obtenu deux crédits et les a remboursés totalement à temps. Compte tenu de la demande de ses clients qui ne cesse de croitre, elle compte augmenter le stock de ses marchandises avec le prochain prêt, en achetant un sac de shikwangues et un carton de viande des dindes à revendre en vue d’accroitre le bénéfice. Son activité lui procure aujourd’hui un bénéfice de $23 par semaine. Son ambition à court terme est d’acheter un congélateur pour conserver ses marchandises fraiches. Yuya est mariée et mère de 6 enfants et de 2 petits fils. Ses enfants sont âgés de 16 à 33 ans et deux d’entre eux vont 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.)

  • $700
    Average annual income
  • 6
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,618,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Cité De La Gloire Plus Group's $3,525 loan helped a member purchase 1 bag of shikwangues and 1 box of turkey meat for resale.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 1, 2009
Listed
Sep 11, 2009
Currency Exchange Loss:
N/A
Ended:
Jan 31, 2010