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Aigle Plus Group
In this Group: Vital, Urbain, Sylvain, Samy, Laurant, Mamou, Ernest , Ndandu, Joseph, Richard, Annie, Mawawa, Lukoji
Vital is the leader of the Community Bank named “Aigle Plus” which means “Eagle” in English. It is composed of 13 members united in solidarity for receiving Kiva loans with the goal of developing their businesses.

Vital is 45 years old. He has been active in his business since 2005. He began his business selling slippers. Besides selling slippers, he also sells miscellaneous goods. He joined one of Hope DRC’s groups in 2010, and has already received three loans that he repaid properly. Thanks to Hope’s loans, Vital’s business has prospered and it generates a profit of $15 per day. He intends with the next loan to increase the inventory of his business by buying slippers in bulk for reselling at a profit in order to increase his capital. His ambition is to open a slipper shop due to the high demand in his environment; He works hard in order to achieve his dream. Vital is married and the father of five children whose ages vary between 2 and 17 years old. Three of them attend 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.)

  • $700
    Average annual income
  • 17
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,440,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Aigle Plus Group's $2,800 loan helped a member to increase the stock of his goods by buying slippers in bulk and reselling them for a profit.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2011
Listed
Jul 20, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011