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Bolotshi Plus Group
In this Group: Ngele, Bernadette, Detty, Florence, Marthe, Patience, Jacqueline, Mamie, Rose, Pauline, Yome Ange*, Brigitte, Julienne, Mado, Marthe, Marie-Jeanne, Hortence, Marie, Germaine, Pauline, Bernadette, Bebe, Nana, Yollande, Christine, Célestine, Espérance, Chantal, Vastin, Mola, Augustine
* not pictured
Ngele B., aged 49, is the manager of a communal bank named "Bolotshi Plus", which is established in solidarity with 31 members with the common objective of developing their small businesses by using micro-loans received from world lenders via Kiva and the micro-finance institution HOPE RDC.  Ngele's principal business involves selling Wax Anglaise pagnes (colorful West African cloth).  She started this business in 2004 with $20 in initial capital.  She has acquired over the years some solid experience in this small-scale commerce, which now brings in $120 a week in profit, more or less. 

The next loan will enable her to buy a dozen lengths of pagnes to sell and to diversify her business by buying various goods in demand in her area.  Her dream is to open a general store to respond to the needs of her customers in her district.  Ngele is a loyal client who has received a loan from HOPE RDC five times, and she repaid all of them properly. 

She is a widow with three children, ages 10 to 16 years.  All of them go to school.  She and her children live in a mountainous area located west of the city of Kinshasa.
View original language description ↓
Ngele B. 49 ans, est dirigeante d’une Banque communautaire dénommée « Bolotshi Plus » constituée solidairement de 31 membres avec un objectif commun de développer leurs petites affaires par des microcrédits reçus des prêteurs du monde à travers Kiva et l’IMF HOPE RDC.
Ngele a comme activité principale, la vente des pagnes wax anglaises. Elle l’a commencée depuis 2004 avec un capital initial de $20 et a acquit au fil des années une expérience solide dans ce petit commerce qui lui rapporte aujourd’hui un bénéfice de plus ou moins $120 par semaine. Le prochain prêt lui permettra d’acheter une douzaine de pagnes à revendre et diversifier l’affaire en achetant des articles divers recherchés dans son milieu. Son rêve est d’ouvrir une boutique générale pour répondre aux besoins de ses clients dans son quartier. Ngele est une cliente fidèle qui a reçu 5 fois les crédits de l’IMF HOPE RDC et les a tous correctement remboursés. Elle est veuve avec 3 enfants âgés de 10 à 16 ans. Tous vont à l’école. Ngele et ses enfants habitent dans une zone montagneuse située à l’ouest de la ville de 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
  • 0
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,917,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Bolotshi Plus Group's $4,175 loan helped a member to buy a dozen lengths of pagne cloth for resale with the gaol of growing her income.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2009
Listed
Nov 19, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010