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Succès Plus Group
In this Group: Germaine, Claudine, Florentine, André, Patrick, Papy, Mpongo, Béatrice, Elodie, Romeo, Onya, Yvette, Masamba, Nounou, Siméon, Elie, Antoinette, Djouf, Léonie, Maguy, Joséphine, Le Fils, Eliane, Maguy, Annie, Marie, Jean-Paul, Deker, Théodorine, Monique, Jeanne, Gisèle, Carmel, Henriette, Kimbungu, Marie, Madeleine, Angélique
Germaine B. is 41 years old, married and has two children aged 13 and 16. She joined one of Hope’s groups named “Succès Plus” (a DRCongo microfinance program) in April 2009 and is the leader of that group which consists of 38 members. Thanks to Hope’s loans, the group members’ businesses have prospered.

Germaine has been active in her business since 1982. She runs a sewing workshop and sells sewing accessories to the east of Kinshasa. She is dedicated to her business which generates a profit of $200 per month. Her business is the only source of income which she has to support her family. Germaine has already received and successfully repaid four loans. She is planning with the coming loan to purchase sewing accessories of good quality that are needed by her clients in order to generate more profit. Her dream is to open a sewing center in her locality.

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 Succès Plus Group's $4,925 loan helped a member to increase her stock of sewing accessories.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2010
Listed
Apr 16, 2010
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2010