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Travail Group
In this Group: Nathalie, Camile, Pathy, Martine, Roxy, Mafuta, Christine, Yvette, Constantine, Philo, Suzanne, Angelique, Dungu, Lukunku, Alphonsine, Clementatine, Adolphine, Marie Anne, Ketsia, Therese, Marie Cecile, Marie, Bernadette, Michael, Freddy, Chantal, Pierre, Anne, Marie Louise, Thythy, Eugenie, Mimi, Fila
Roxy started his business in 1998 with a capital of $100 selling paints. He is 39 years old and has a daughter who is five years old. He studied at college the art of making paints. Roxy is planning with Hope’s loans to open a painting business. There is high demand for his paints, and many people like Roxy’s paint and services because he enjoys doing it. Roxy has been a faithful Hope client since last March. He received three loans which he repaid regularly and completely. Roxy lives and does his business in the Northern area of Kinshasa which is the most populated area of the city.

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
  • 16
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,650,000
    Funds lent in using Kiva
  • 575.5
    Congo/Kinshasa Francs (CDF) = $1 USD

Success!! The loan was 100% repaid

A portion of Travail Group's $3,925 loan helped a member to open a painting business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2008
Listed
Nov 30, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009