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Dieu Vivant Plus Group
In this Group: Pierre, Julienne, Baswa, Cathérine, Tecla, Nkala, Marie, Brigitte, Jacqueline*, Nzita, Tania, Tshilombo, Basemba
* not pictured
Pierre is the chairman of the community bank named “Dieu Vivant Plus” which is composed of 13 micro-entrepreneurs who are united in the same goal — to grow their businesses with loans received from Kiva through HOPE RDC.

Pierre is 53 years old. His main business activity is selling beverages. He buys them in bulk and resells them at the retail level for a profit. He sells his products daily at the market in his area located west of Kinshasa. His business makes a profit of about US $180 per week.

Pierre started his business in 2000. He is a trustworthy client of HOPE RDC, having seven times obtained and correctly repaid loans. His next loan will allow him to buy twenty crates of beverages to increase his sales in order to make a better profit. The aim of this loan is to reinforce his working capital and provide food for his family. Pierre is married and the father of nine children, whose ages range from 10 to 33 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
  • 5
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,220,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Dieu Vivant Plus Group's $5,000 loan helped a member to purchase beverages in bulk.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012