Total loan: $3,300
Patmos Plus Group
Kinshasa, Kinshasa, Congo (DRC) / Retail
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A loan helped to increase the inventory of her business by buying more palm oil and seeds of corn to resell at profit.
Patmos Plus Group's story
Annie is the chairwoman of a community bank named “Patmos Plus”, which is made up of 20 members firmly united to receive loans from the MFI (micro-finance institution) HOPE DRC in order to develop their businesses. Annie sells palm oil and seeds of corn. She sells in a market located in the northeastern part of Kinshasa. She has been in business since 1998. She already borrowed two loans from the MFI HOPE DRC for business expansion and fully repaid both loans. With the next loan, Annie will be able to meet the customer demand and generate additional profits. Her business makes US$30 of profit per week. One of Annie’s strategies to keep her clients is that she tells them in advance about any changes that can occur in business. Her ambition is to become a provider in her environment. Annie is 37 years old, divorced and has four children aged between 13 and 23 years old. Two of them attend school.