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Foi Plus Group
In this Group: Monique, Dénise, Pétronie, Hélène, Esther, Fifi, Florence, Madeleine, Suzanne, Blaise, Elysée, Sandra, Marthe, Maguy, Mawaya, Aristote, Matoma, Marie, Lucie, Ruth
Monique Katinga, 45, is the manager of the Community Bank named “Foi Plus” which means “Faith” in English. It is composed of 20 members united in solidarity to receive Kiva loans with the goal of developing their businesses.



Monique has been part of the micro-enterprise world since 2005, when she began her business selling used clothing. Her business has prospered thanks to accumulated profit and good management, generating a profit of $40 per week, and her next loan will be used to buy spices in bulk to resell retail with the goal of increasing her profits. Monique’s ambition is to open a general store.



She is a married mother of nine children between the ages 6 and 27, seven of whom 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
  • $10,892,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Foi Plus Group's $2,300 loan helped a member to purchase spices in bulk to resell retail with the goal of increasing her profits.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2010
Listed
Jun 24, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2010