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Colombe Plus Group
In this Group: Fabien, Mado, Zizi, Beby, Victor, Marie, Berthe, Chantal, Iyomi, Nelly, Lunanga, Yvette, Charlotte, Suzanne, Cédrick, Tiabai, Marguerite, Judite, Wawa, Dunzo, Annie
Fabien is the chairman of the Community Bank “Colombe Plus”, which is composed of 21 members united in solidarity to receive loans from Kiva through MFI HOPE RDC with the goal of developing their businesses.
Fabien is 57 years old and the father of seven children aged between 12 and 32 years old, four of whom go to school. Fabien sells beverages. He started this business in 1987. With the profit generated and good management, he increased his working capital. Fabien intends to use this loan to increase his inventory by buying mineral water and some crates of beverages to resell at a profit and to reinforce his working capital. His business brings in USD $90 of profit per week.

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
  • 7
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,201,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Colombe Plus Group's $4,425 loan helped a member to buy mineral water and crates of beverages.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2012
Listed
Mar 12, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012