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Cpkii Plus Group
In this Group: John, Marie-Josée, Marie, Lucie, Esther, Clara, Gina, Julienne, Marguerite, Julienne, Véro, François, Aimée, Jean-Paul, Michel, Mamie
John is the leader of the Community Bank “CPKII Plus,” which is composed of 16 members united in solidarity to receive loans from Kiva through MFI HOPE RDC with the goal of developing their businesses.

John is 40 years old, married and the father of four children whose ages vary between 3 and 12. Three of them go to school.

He has been part of the microenterprise world since 1991. He started his business by selling duplicating paper. Today, John sells iron bars at the market in the mid west of Kinshasa. With hard work and good management, John has stabilized his business. He borrowed eight loans from the MFI HOPE DRC for business expansion and fully repaid them.

With the next loan, John will be able to meet customer demand and generate additional profits. His business makes US $90 of profit per week. John’s ambition is to someday open a hardware shop in his area.

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
  • 20
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,594,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Cpkii Plus Group's $3,825 loan helped a member to increase inventory to meet customer demand.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2011
Listed
Mar 26, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2011