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Progrès Plus Group
In this Group: Julienne, Moseka, Nsimba, Rose*, Mado, Ekondo, Mvindu, Philagone, Musao, Annie, Bijou, Belika, Yeti
* not pictured
Julienne is the chairwoman of the community bank named Progrès Plus. It consists of 13 members united in solidarity to receive loans from Kiva through the microfinance institution HOPE RDC with the goal of developing their businesses.

Julienne has been in the microenterprise world since 2001. She has been running a restaurant located southwest of the city of Kinshasa. She is a loyal client of HOPE RDC, who has already received six different loans and has repaid them properly. She intends to use the next loan to increase the stock of her restaurant by buying a sack of flour, fish, and beans with the aim of increasing her profits. Each week, her business brings in a profit of $70. Her ambition is to open a big restaurant in her area.

Julienne is 58 years old, married and has seven children whose ages vary between 21 and 35 years old. One of them goes to 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 Progrès Plus Group's $4,750 loan helped a member to increase the stock of her restaurant by buying flour, beans, and other foods.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2011
Listed
Dec 14, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012