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Développement Plus Group
In this Group: Henri, Anne, Brigitte, Jacqueline, Marie, Julienne, Riata, Joël, Astride*, Ashile, Atola , Beatrice
* not pictured
Henri is a leader of the Community Bank named “Développement Plus,” which consists of 12 members. These members are jointly united for receiving loans from Kiva and HOPE DRC in order to develop their businesses.

Henri has been a micro entrepreneur since 2000. He sells vehicle spare parts in the southwestern part of Kinshasa. He joined one Hope’s groups in 2010. Seven loans received from Hope have strengthened his business. He is planning with the next loan to increase his inventory by adding some vehicle spares pieces to resell at profit. Currently, Henri’s business makes about $200 of profit per month.

Henri is ambitious and dreams someday to open a spare parts shop. Henri is 46 years old, married, and the father of five children. Their ages vary between 2 and 18 years. All 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
  • 3
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,517,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Développement Plus Group's $3,050 loan helped a member to purchase some vehicle spares parts for reselling at profit.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2012
Listed
Mar 13, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012