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Anne Plus Group
In this Group: Hélène, Joseph, Régine, Gode, Etienne, Thérèse, Marie, Kuedituka, Pauline, Marie Louise, Marie, Masevo, Mayimona, Nkanu, Nsimba, Gumbalo
Hélène is the chairwoman of a Community Bank named “Anne Plus”, made up of 16 members, firmly united to receive loans from the MFI (micro-finance institution) HOPE RDC in order to develop their businesses.

Hélène sells "shikwanges" (a kind of bread made of manioc flour), which are Kinshasa’s main food. She sells in a market located to the eastern part of Kinshasa. She has been in business since 1978. She has taken out twelve loans from the MFI HOPE DRC for business expansion and fully repaid them. With the next loan, Anne will be able to meet the customer demand and generate additional profit. Her business makes US$30 of profit per week. Hélène is 52 years old, married and has eight children aged between 18 and 33 years old. Three of them 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
  • 8
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,200,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Anne Plus Group's $3,850 loan helped a member to meet the customer demand for a kind of bread made of manioc flour.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2012
Listed
Feb 5, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012