Total loan: $5,000
Exode Plus Group
Kinshasa, Kinshasa, Congo (DRC) / Retail
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Exode Plus Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy more pairs of slippers to sell.
Exode Plus Group's story
Stephan is the leader of the Community Bank named “Exode Plus”, which consists of 29 members united in solidarity to receive loans from Kiva through MFI HOPE RDC with the goal of developing their businesses. Stephan sells pairs of shoes, slippers, etc. for women at a market located mid-east of Kinshasa. He started his business in 2005. With hard work and determination, his business has prospered. He has already received MFI HOPE DRC loans twice and fully repaid them. The loans he has received have helped him support his family. Stephan makes US$60 profit each week. With the next loan he intends to purchase more pairs of slippers needed by his customers and generate additional profits. His ambition is to someday open a shoe shop in his area. He is 49 years old, married and the father of five children whose ages vary between 4 and 13. All of them attend school.