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Soutien Plus Group
In this Group: Charlotte, Rosalie, Mathilde, Nelly, Kingalu, Louise, Yasmine, David, Charlotte, Henriette, Arlette, Cédrick, Irène, Christine, Matthieu, Nicole, Nzimbu*, Albert, Tumwenemo, Agnès, Mamie, Pascaline, Albert, Judith
* not pictured
Charlotte N. is the leader of the group named “Soutien Plus” that consists of 24 members firmly united to receive loans from the MFI (micro-finance institution) HOPE RDC in order to develop their businesses.

Charlotte is 53 years old. She is a widow and the mother of nine children between the ages of 16 and 37. Charlotte sells corn and manioc flour. She has been in business since 1971.

After learning through her friend about Hope’s loan program, she decided to join one of its groups in July 2008. Charlotte has already received six loans from Hope that she repaid correctly.

Currently, her business brings in a profit of $45 per week. With her next loan she is planning to purchase four 35kg sacks of manioc and corn and two cartons of fresh fish to increase the inventory of her business.

Charlotte’s dream is to be a provider of those products in her area. She runs her business in the western area of Kinshasa.

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.)

  • $700
    Average annual income
  • 18
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,438,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Soutien Plus Group's $3,925 loan helped a member purchasing four 35kg sacks of manioc and corn and two cartons of fresh fish to increase her inventory.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 2, 2010
Listed
Jun 25, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2010