Check out some available loans that are similar to this one!
Paix Plus Group
In this Group: Evelyne, Blandine, Lelo, Nousca, Ritha, Tshioba, Virginie, Betty, Aimée, Guidile, Laurent, Kaniawula, Bakaji, Moseka, Nzelenga, Mata, Zidi, Jonas, Meta, Vata
Evelyne M. is the leader of this community bank named “Paix Plus”, which is composed of twenty micro-entrepreneurs united in solidarity to receive loans from Kiva through HOPE DRC with the goal of developing their businesses.

Evelyne is 30 years old and is the mother of five children, three of whom go to school. She sells loaves of bread and has been in business since 2007. She started with capital of $50 and, currently, her business brings in a benefit of $60 per week.

After learning through her friend about HOPE’s loan program, Evelyne decided to join one of its groups in November 2008. She has already received five loans from HOPE that she repaid correctly. With her next loan she is planning to purchase more bags of loaves of bread to increase the inventory of her business.

Evelyne’s dream is to be a provider of these products in her area. She runs her business in the south-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.)

  • $119
    Average annual income
  • 6
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,485,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Paix Plus Group's $3,150 loan helped a member to purchase more bags of loaves of bread to increase her inventory.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2010
Listed
Jul 15, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2010