Check out some available loans that are similar to this one!
Alpha Group
In this Group: Banza, Tyty, Jules, Mulamba, Mwika, Josée, Prisca, Mado, Vero, Germain, Aimérance, Musengi, Astride, Mputu, Mbuyi, Muzinga, Brigitte, Angelani, Odia, Agata, Mamie, Bilwanday, Annie, Nseya, Thérèse, Sylvie, Mbelu , Ngalula, José, Simon, Ntanga, André
Emmanuel is 39 years old and a father of a one-year-old daughter. He runs a cellphone booth. He has been in business since 1998. Emmanuel started bartering second-hand clothing for fish. He liked that business because it made more profit. Unfortunately he had to stop it to continue his university studies.



After his university studies in 2005, he decided to start his own business. He then opened a cellphone booth with accessories and also sells purified water. Emmanuel is working hard because his ambition is to open a small factory to produce purified water. As he wants to develop and diversify his business, he decided to join one of Hope’s groups in August 2008. He makes a profit of about $30 per day. Emmanuel has succeeded with good strategies to build up permanent customers. He always talks with his customers, he knows them well by their names, and he never runs out of stock.

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
  • $10,908,925
    Funds lent in using Kiva
  • 676.5
    Congo/Kinshasa Francs (CDF) = $1 USD

Success!! The loan was 100% repaid

A portion of Alpha Group's $2,725 loan helped a member to purchase new cellphone accessories.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2009
Listed
Jan 19, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009