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Exode Plus Group
In this Group: Mireille, Akaho, Enriette, Pauline, Cécile, Antoine, Nadine, Marie Thérèse, Esambo, Koy, Etshindu, Nyemba*, Taty, Aimée, Marie*, Bernadette, Ahafu*, Véronique, Marie, Françoise
* not pictured
Exode Plus is a community bank made up of 20 members whose chairwoman is Mireille. These members are united in the same goal: to grow their businesses through loans received from Kiva through IMF HOPE RDC.

Mireille runs a restaurant to the north of the city of Kinshasa. She began her business in 2002 with startup capital of $20. After hard work and good management, she succeeded in making the restaurant thrive thanks to her accumulated profits. The business now gives her a profit of $40 per day. She intends to expand it with the next loan by adding soft drinks. Mireille is 36 years old, married and the mother of four children whose ages range from 10 to 20 years old. 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
  • 0
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,942,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Exode Plus Group's $2,100 loan helped a member diversifying her business by adding soft drinks to resell at profit.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2010
Listed
Jun 24, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2010