Check out some available loans that are similar to this one!
Couronne Plus Group
In this Group: Patience, Philo, Mado, Marie, Odette, Marie, Monique, Cécile, Raphael, Gina, Jeannette, Lusowa, Merceline, Colette, Georgine, Liwatawa, Véro, Kumba, Makita, Angélique, Thérèse, Nsimba, Yvette, Aimée, Clément, Michéline, Ambe, Matshianga, Esther, Francoise , Espérance, Okwondo
“Couronne Plus” is a group of 32 owners of small businesses chaired by Patience. Its members are jointly liable for loans granted by Kiva to grow their businesses.

Patience sells lamp oil and clothes. She became a micro entrepreneur in 2004, in the southeast province. She has already received two loans from Microfinance Institution HOPE DRC and fully repaid them. She intends to use this loan to expand her inventory. She will buy 10 liters of lamp oil. Currently she earns a profit of $120. Patience is 41 years old, married and the mother of eight children aged 4 to 22. All of them attend 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.)

  • $119
    Average annual income
  • 19
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,687,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Couronne Plus Group's $3,025 loan helped a member to purchase 10 liters of lamp oil and some clothes to resell in order to increase her working capital.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2010
Listed
Jan 29, 2010
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2010