With determination and good management, he succeeded and was gradually able to increase his working capital from his profit and buy four more radios. His business is prospering and makes a profit of about US$ 500 per month. As Nkola has a vision of opening a big wholesale shop to provide business coming from villages, he decided to join one of Hope’s groups named “Bwanya,” meaning “Worthy” in English, last September. He plans to diversify his business with his loans by adding foods such as fresh fish, sacks of corn and miscellaneous other items. Nkola is 56 years old. He is married and the father of eight children between the ages of 10 and 39. Two of them live at home and are in school.
About HOPE DRCHOPE 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
About Congo (Dem. Rep.)
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Success!! The loan was 100% repaid