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Manassé Plus Group
In this Group: Bibi, Charlotte, Marie, Liliane, Mpaka, King, Jeanine*, Sylvie, Ilunga, Louise*, Héritier, Annicette, Thérèse
* not pictured
Bibi B. is the leader of this community bank named “Manassé Plus” which is composed of thirteen micro-entrepreneurs united in solidarity to obtain loans from Kiva through HOPE DRC with the goal of developing their businesses.

Bibi sells salted fish in the eastern area of Kinshasa and has been in business since 1990. Her beginning capital was $30. Currently, through her sales, she makes about $70 per week. Bibi likes selling because it gives her the opportunity to make contacts with many different people, and once they become permanent clients she is able to offer them quality products at a better price.

Bibi plans to use this next loan to purchase seven bags of salted fish to resell in order to increase her income. She is a trustworthy client of HOPE DRC, having six times received and properly repaid loans.

Bibi is 53 years old, is married, and is the mother of two children whose ages are 9 and 14. Both attend school. She dreams one day of building a large business building for rent.

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
  • 14
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,230,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Manassé Plus Group's $2,375 loan helped a member to purchase seven bags of salted fish to resell at a profit.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2010
Listed
Aug 3, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2010