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Aurore Plus Group
In this Group: Jiji, Boniface, Emilie, Thérèse, Jacquie, José, Nina, Rose, Philomène, Annie, Marie, Faustine, Nsamba, Miriame, Judith, Ange, Malundama*, Julia, Niclette, Israelle, Luvuasi, Maurice, Nancy, Elisa
* not pictured
Aurore Plus is a Community Bank made up of 24 members all united for the same goal: to grow their businesses by loans received from Kiva through IMF HOPE RDC.

The members' chairwoman is Jiji, who runs a general store and sells used clothing. She began her business in 1992. After hard work and good management, she succeeded in making it thrive thanks to the accumulated profits. She intends to expand it with the next loan by adding pieces of fabric and replenishing the store’s stock by buying cans, soaps, sugar, beans, rice, etc. The business gives her a profit of $250.00 every month. Jiji is 41 years old, married and the mother of 7 children, whose ages vary between 3 and 20 years old. Five 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
  • 7
    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 Aurore Plus Group's $3,900 loan helped a member increasing the store’s stock of used clothing and reselling them at profit.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2010
Listed
Mar 22, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2010