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Esengo Plus Group
In this Group: Hortense, Suzanne, Yvette, Pierette, Hortense, Augustine, Fifi*, Chantal, Pascaline, Brigitte, Thérèse*, Anita, Hortense, Julie, Imana, Ekofo*, Micheline, Julienne, Marie, Christine, Tembo*, Elysée, Sylvie , Clotilde, Rose, Ngalula, Mireille, Claire, Carine*, Madeleine, Jeannette, John, Dorcas, Ndjoli
* not pictured
Hortense N., age 53 years, sells drinks and doughnuts in front of her house. She is president of her group known as "Esengo Plus", which means in English "More Joy". The group is composed of 26 micro-entrepreneurs united together to contract loans through Kiva and the IMF HOPE RDC. Hortense is determined to realize her ambition to open a drink delivery service for her customers in her neighborhood and the surrounding area. Her business grows well thanks to the 4 loans that she already has received from IMF HOPE RDC. The next loan will allow for her to diversify her products, buying 3 baskets of fresh fish, which constitutes an good deal in her area. Hortense is married and is the mother of 4 children.
View original language description ↓
Hortense N. 53 ans, est vendeuse de la boisson et des beignets devant sa maison. Elle est présidente de son groupe dénommé « Esengo Plus » qui signifie « Joy Plus » en anglais, composé de 26 micro-entrepreneurs unis solidairement pour contracter des prêts à travers Kiva et l’IMF HOPE RDC.
Hortense est déterminée à réaliser son ambition d’ouvrir un dépôt des boissons à livrer à ses clients dans son quartier et les parties environnantes. Son activité évolue bien grâce aux 4 crédits qu’elle a déjà reçus de l’IMF HOPE RDC. Le prochain prêt lui permettra de diversifier son affaire en achetant 3 paniers des poissons frais qui constitue un bon marché dans son milieu. Hortense est mariée et mère de 4 enfants.

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
  • $10,200,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Esengo Plus Group's $3,925 loan helped a member to buy fresh fish.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2009
Listed
Nov 1, 2009
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2010