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Beni Group
In this Group: Peguy, Mado, Lucie, Pauline, Mamie, Jolie, Ambroise, Nzadi, Nsudi, Rosalie, Marie, Marceline, Souzanne, Mado, Monique, Armel, Bolaponge, Placide, Béatrice, Pauline, Kilolo, Mayala, Virgine, David, Mamy, Bibinda, Bele, Maniango, Kuna, Franc, Patrick, Adrienne, Chantal, Dovic, Bebe, Sophie
Béatrice W. is 49 years old and the mother of four children, of whom two are twins. They are aged between 17 and 25. Besides her own children, she also takes care of an orphan aged 17. Three of the children in her care are enrolled in school.



Béatrice began her business in 2004 selling a five-kilo bag of sugar. Her beginning capital was US$ 5. As she used to sell near a garage, she quickly noticed what the mechanics’ needs were. She then catered to their needs by buying and selling peanuts and cakes. Over the months, those mechanics become loyal customers. With hard work and good management, she used her profits to increase her inventory from one five-kilo bag of sugar to ten.



Béatrice joined "Beni", one of Hope’s groups, last September. The two loans she has received have helped her to diversify her business by beginning to sell loaves of bread. Beatrice’s business makes a profit of about US$ 40 per week. Her dream is to open a beverage store and a clothing shop. Beatrice’s strategies are based on keeping up good relationships with her customers and knowing their daily needs.

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
  • 16
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,012,600
    Funds lent in using Kiva
  • 670.2
    Congo/Kinshasa Francs (CDF) = $1 USD

Success!! The loan was 100% repaid

A portion of Beni Group's $3,400 loan helped a member to reinforce the working capital of the various businesses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 3, 2009
Listed
Feb 11, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009