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Went Plus Group
In this Group: Josee, Mfutila, Nlandu, Jacky, Mijosee, Georgette, Tresor, Jeancy , Chantal, Beatrice, Vita, Mulandu, Beya, Julio, Kanimbu, Kazadi
Went Plus is a Community Bank made up of 16 members whose chairwoman is José. These members are united in the same goal: to grow their businesses through loans received from Kiva through the microfinance institution HOPE RDC.

José is 44 years old, married and the mother of three children, aged between three and ten years old. Two of them attend school. José has been selling fresh foods such as fish and vegetables since 1995. Through hard work and good management, she has succeeded in making her business thrive thanks to the profits she has made. José is a trustworthy client of HOPE RDC, having already obtained and repaid five loans. She will increase her stock of merchandise with her next loan by buying ten boxes of fresh foods and reselling them in her community. Her business generates a profit of US$50 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
  • 0
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,380,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Went Plus Group's $4,850 loan helped a member to purchase 10 boxes of fresh food that she can sell at a profit.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2012
Listed
Aug 8, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 2, 2013