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Nzambe Malamu Plus Group
In this Group: Marcel, Okondo, Antho, Dely, Chantal, Joseph, Francois, Honoré, Ipam*, Pecos
* not pictured

Update on Nzambe Malamu Plus Group

Marcel, 50, is married and the father of two daughters aged fifteen and nine years old. Both daughters attend school. He started his business in 2002, managing his own general store located mid-east of the city of Kinshasa. Each week, his business brings in a profit of $70.

Marcel is the chairman of the Community Bank named “Nzambe Malamu Plus,” which is composed of ten members united in solidarity to receive loans from Kiva through the MFI HOPE DRC with the goal of developing their businesses.

Marcel is a loyal client of the MFI HOPE DRC and has already received nine different loans and repaid them properly. He intends to use his portion of this $6,000 loan to purchase goods to resell with the aim of increasing his profits. His ambition is to have a food market in his area.

Previous Loan Details

Nzambe Malamu Plus is a group of 13 owners of small businesses chaired by Marcel. Its members are jointly liable for loans granted by Kiva to grow their businesses. Marcel, 49, is married and operates a general store in an area located north of the capital city of Kinshasa. He has been running... More from Nzambe Malamu Plus Group's previous loan »

Additional Information


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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 29
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $12,040,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Nzambe Malamu Plus Group's $6,000 loan helped a member to purchase additional goods for his store to resell at a profit.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Feb 13, 2012
Feb 21, 2012
Currency Exchange Loss:
Jul 15, 2012