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Colombe Plus Group
In this Group: Charlotte, Mado, Zizi, Beby, Victor, Marie, Berthe, Chantal, Iyomi, Nelly, Lunanga, Ivette, Mukumbi, Suzanne, Joséphin E, Fabien, Marie, Cédrick, Batoe, Marguerite, Judite, Wawa
Charlotte is the chairwoman of the community bank named “Colombe Plus.” It is composed of 22 members who are united in solidarity for receiving Kiva loans with the goal of developing their businesses. Charlotte is 53 years old and is the mother of two children whose ages are 31 and 33. She has been selling smoked fish since 1999. She is determined with Hope’s loans to develop her business and achieve her ambition of one day opening a general store. Charlotte intends with the next loan to increase the stock of her goods by buying three bags of smoked fish and reselling them at a profit. Her business generates a profit of $100 per week.

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
  • 7
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,200,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Colombe Plus Group's $3,550 loan helped a member to increase the stock of her goods by buying three bags of smoked fish and reselling them at profit.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2011
Listed
Oct 24, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2012