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Prodige Plus Group
In this Group: Damien, Vickie, Mesa, Hélène, Jacqueline, Angel, Christine, Martine, Landu, Jeanine, Tshela, Gisèle, Marie*, Henriette
* not pictured
Damien is the leader of the community bank named “Prodige Plus” which is composed of 14 members united in solidarity by receiving Kiva loans with the goal of developing their businesses. Damien, aged 51 and married, has been part of the micro-enterprise world since 2007. He operates a general store to the east of Kinshasa. He has acquired solid experience in this area and works hard with good management skills in order to realize his dream of one day opening a large store in his environment.

Damien would also like to achieve financial independence through his business that currently earns him $30 per week. He works to the best of his abilities and uses his contacts so that he might achieve his goals. Damien is a trustworthy client of the MFI HOPE DRC, having twice obtained and correctly repaid loans. He will increase his stock of merchandise with his next loan by buying cans, sacks of rice and sugar, and milk and reselling them at a profit. Damien has four children whose are aged between 15 and 29, one of whom attends 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
  • 13
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,268,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Prodige Plus Group's $1,700 loan helped a member to increase stock of cans, rice, sugar and milk for re-sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2010
Listed
Sep 29, 2010
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2011