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Amani Za Congo Plus Group
In this Group: Yves, Esther, Sydo, Kiedi, Mamie, Jean, Emmanuel, Pierre, Josee, Michee, Longo, Pitshou, Tsumbu
Yves is the chairman of the Community Bank, “Amani za Congo Plus”, which is composed of 13 members united in solidarity to receive loans from Kiva through MFI HOPE RDC with the goal of developing their businesses.

Yves runs two businesses, a general store and a telephone booth, to the west of Kinshasa. He began them in 2000. His beginning capital was $150. With hard work and determination, his business has prospered. Yves is now well-known and liked in his area. He makes about US $200 of profit each week. Yves intends with the next loan to purchase more prepaid cards to meet the customers' demand and generate additional profits.

He is 44 years old, married, and the father of four children aged between two and eight. Two of the children attend school. His ambition is to expand his businesses.

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
  • 13
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,268,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Amani Za Congo Plus Group's $6,000 loan helped a member to buy more prepaid cards to meet the customers' demand and generate additional profits.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2012
Listed
Jul 22, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 2, 2013