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Sénévé Plus Group
In this Group: Getou, Solange, Marceline, Eric, Aziza, Germaine, Agate, Ninga, Monganza, Béa, Nicole, Rebecca, Emmanuel, Thérèse, Dieu, Huguette, Arnauld, Anne Marie, Masiopo, Aimé, Mundele, Ambombo, Maka, Anne, Marie Julienne
Sénévé Plus is a Community Bank made up of 25 micro entrepreneurs whose chairwoman is Getou M.. These members are united for the same goal. They wish to grow their businesses by loans received from Kiva through IMF HOPE RDC. Getou sells soft drinks in her area, located in the northeastern area of Kinshasa. She began her business in 2002 with initial capital of $80.00. After hard work and good management, she has succeeded in making her business thrive, thanks to the accumulated profits. She is a loyal client of IMF HOPE RDC and she has already received four different loans. These previous loans have been fully repaid. She intends to reinforce her capital with the next loan by adding five crates of soft drinks. This business gives Getou a profit of $60.00 every week. Getou is 42 years old, single and the mother of a 17-year-old daughter who attends school.

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
  • 18
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,438,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Sénévé Plus Group's $3,025 loan helped a member to purchase five crates of soft drinks.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2009
Listed
Dec 7, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010