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Source De Guihon Plus Group
In this Group: Alfred, Marie-Jeanne, Wivine, Eugénie, Mbuyi, Henriette, Hélène, Dede, Benda, Mongenge, Antoine*
* not pictured
Alfred is the leader of the community bank named “Source de Guihon Plus,” which is composed of 11 members united in solidarity for receiving Kiva loans with the goal of developing their businesses.

Alfred is 56 years old, married and the father of five children whose ages vary between 10 and 20 years old. Three of them go to school. His main business is to offer people a way to carry their burdens or luggage via rickshaws for a fee.

He has been part of the micro-enterprise world since 1982 doing the same activity. He has acquired solid experience in this area and works hard with good management skills in order to realize his dream of one day opening another unit of production in his environment. He would also like to achieve financial independence through his business that earns him $60 per week.

Alfred is a trustworthy client of the MFI HOPE RDC, having 14 times obtained and correctly repaid loans. He will buy two more rickshaws with his next loan in order to generate additional profits.

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
  • $10,214,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Source De Guihon Plus Group's $4,150 loan helped a member to buy two more rickshaws in order to generate additional profits.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2012
Listed
Feb 5, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012