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Baninga Ya Yesu Plus Group
In this Group: Paul, Salon, Bibiane, Bernadette, Beverline, Véronique, Djofils, Chanelle, Antoinette, Getou, Arlette, Moise, Fiston, Elisa, Kiesa, Pierre, Paul, Véronique, Charlotte, Sophie, Blaise, Constant, Dorcas, Matthieu
Paul, aged 40, is the chairman of the Community Bank group named “Baninga Ya Yesu Plus.” This means “Friends of Jesus” in English. It is composed of 24 members united in solidarity for receiving Kiva loans with the goal of developing their businesses.

Paul has been part of the micro-enterprise world since 1999. He sells slippers. His business is located to the east of Kinshasa. Paul is happy to be one of HOPE DRC’s clients. The loan he will obtain next will be used to buy pairs of slippers in bulk and to resell them at retail prices with the goal of increasing his profits. His business generates a profit of US $100 per week. Paul is married and the father of four children, whose ages range between 2 and 8. Two of them go to 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.)

  • $700
    Average annual income
  • 17
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,440,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Baninga Ya Yesu Plus Group's $4,000 loan helped a member to buy more pairs of slippers to resell at a profit.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2012
Listed
Jul 13, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012