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Tuwisana Plus Group
In this Group: Papy, Dieu Donné, Angélique, Céléstin, Marthe, Monique, Albertine, Julienne, Mamie, Bidikebela, Gina, Marie-Jeanne, Huguette, Délphin, Clémentine, Anna, Plesley, Fifi, Simon, Dénis, Placide, Salomon
Papy K., a 31-year-old married man, has been part of the micro-enterprise world since 2007. He is the leader of the community bank named Tuwisana Plus that is composed of 22 members united in solidarity with the goal of developing their businesses through loans from HOPE DRC, a partner of HOPE International.


Papy operates a general store in southwest Kinshasa, earning $30 a week. He has acquired solid experience and contacts and maintained good management skills. Papy works hard, hoping to realize his dream of one day achieving financial independence and opening a large store in his neighborhood.


Papy is a trustworthy client of the MFI HOPE DRC, having five times obtained and correctly repaying loans. With his next loan he will increase his stock of merchandise by buying canned goods, milk, and sacks of rice and sugar and reselling them at a profit.

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
  • 5
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,618,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Tuwisana Plus Group's $3,175 loan helped a member to buy canned goods, milk, and sacks of rice and sugar for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2010