Mont Sinai Gs1 Group
Alphonse is 61, married and the father of five children between the ages of 18 and 29. He has been active in his business since 1996. He sells sewing accessories at the market west of Kinshasa. He has been dedicated to his business, which is the only source of income he has to support his family.
He is a loyal client of IMF HOPE RDC and has already received and successfully repaid 12 loans. Alphonse is planning with the coming loan to purchase items of good quality that are needed by his clients in order to generate more profit. With the next loan, Alphonse's group members will meet their clients’ needs and improve their business facilities in order to generate more profit to support their families.
His ambition is to someday open a beverage facility in his area.
About HOPE DRCHOPE 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
About Congo (Dem. Rep.)
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Success!! The loan was 100% repaid