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Mapamboli Plus Group
In this Group: Marc, Nzundu, Tamaku, Firmin, Nene, Yves, Tantine, Fifi, Gentil, Adèle, Zizi, Elvis, Armand, Robin, Iza, Colette, Profa, Mamie, Pélagie, Lily, Mangimina, Trésor , Georgine, Solange, Albertine, Malata, Kutobisa, Jimmy
Marc K., age 29, is the president of the Community Bank "Mapamboli Plus," which is composed of 28 members united in solidarity to receive loans from Kiva through MFI HOPE DRC with the goal of developing their businesses.


Marc is single. He runs a cell phone booth. He has been in business since 2001. He manages his cell phone booth in an area located northeast of the city of Kinshasa. He is a loyal client of FMI HOPE DRC. He has already received four different loans and has repaid them properly. With the aim of increasing his profits, he intends to use the next loan to buy prepaid phone cards to sell. Each week, his business brings in a profit of $50. His ambition is to open a general store.

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
  • 28
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,030,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Mapamboli Plus Group's $3,650 loan helped a member to purchase prepaid phone cards to sell in order to increase profits.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010