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Main De L'eternel Group
In this Group: Odette, Monique, Jonas, Albert, Macky, Jacquis, Régine, Marie, Rose, Brigitte, Hélène, George, Souza, Tshamala, Nsona*, Mazita, Godefroid, Marie, Kiongo, Losokola, Christine, Poshi, Martine, Hélène, Alice, Mama, David
* not pictured
Albert D. operates a roadside pharmacy and boutique. He is forty years old, a father of three children between the ages of 5 and 10, who all go to school. He has been in his business since 2000. He began with a capital of US$ 50 which allowed him to start a kiosk of soaps, biscuits, canned goods, matches, candles, etc.



From 2000 to 2002, with hard work, good management, and a profit of around US$ 10 per day, Albert’s business prospered and he increased his working capital to US$ 1000. He bought a plot of land in a good area for his business and he decided to stay there with his family and make his business permanent there. From the profit gained over time, he extended his business by adding clothing and children’s shirts, some of which he sent to the Kasai province in DRCongo for sale.



From 2004 to January 2008, Albert stabilized his business until he joined one of Hope’s groups called “La Main de Dieu” which means “God’s Hand” in English. Today, his business makes US$ 30 per day. Currently, his working capital is US$ 700. He has training as a nurse, and his dream is to open clinic in his area. The group consists of 27 members. He lives and sells in Masina, the most populated area of Kinshasa, located in the northern 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
  • 5
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,618,125
    Funds lent in using Kiva
  • 675.0
    Congo/Kinshasa Francs (CDF) = $1 USD

Success!! The loan was 100% repaid

A portion of Main De L'eternel Group's $3,275 loan helped a member to purchase medicines in order to add new products to his pharmacy.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 2, 2009
Listed
Feb 13, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009