Check out some available loans that are similar to this one!
Manassé Plus Group
In this Group: Bibi, Marie, Mpaka, Hermeline, Jeanine, Héritier, Thérèse
Bibi is 53 years old and married. She is the mother of an 18 year old son who goes to school. Bibi’s main activity is selling smoked and salted fish from her business located west of the city of Kinshasa. Besides that, she also sells peanuts, mushrooms, beans and miscellaneous items. Currently her business brings in $60 USD weekly. Bibi has been a micro-entrepreneur since 1982 and is a loyal client of the MFI HOPE RDC. She has received and repaid eleven previous loans.
Bibi is requesting a loan to increase her stock of goods by buying packages of smoked fish in order to meet the high demand of the customers in her community and to make more profit. Her ambition is to open a cold room to keep and resell fresh fish in her 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.)

  • $700
    Average annual income
  • 13
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,438,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Manassé Plus Group's $2,800 loan helped a member to increase her stock of goods by buying packages of smoked fish in order to meet the high demand of the customers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012