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Mbila Plus Group
In this Group: Bafuleru, Atosha, Bienvo, Faustin, Augustin, Claudine, Emmanuel, Thérèse, Christian, Souhait, Nana, Makengo, Esther, Augustin, Cathérine, Mozho, Théthé, Mubia, Bibiche, Muyulu, Pélagie, Nsakala, Okadjanga, Wembo
Bafuleru is the chairwoman of the Community Bank named “Mbila Plus,” which is composed of 24 members united in solidarity for receiving Kiva loans with the goal of developing their businesses.

Bafuleru has been part of the micro-enterprise world since 2010. She operates a general store to the east of Kinshasa. She works hard with good management skills in order to realize her dream of one day opening a larger store in her environment. She would also like to achieve financial independence through her business that now earns her $10 per day.

She will increase her stock of merchandise with her next loan by buying cans, sacks of rice and sugar, and milk, and reselling them at a profit. Bafulero is 46 years old. She is married and the mother of seven children, whose ages vary between 10 and 28 years old. Four of the children 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.)

  • $119
    Average annual income
  • 18
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,687,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Mbila Plus Group's $4,450 loan helped a member to increase the store’s stock by buying cans, sacks of rice and sugar, and milk.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2011
Listed
Oct 26, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2012