Total loan: $3,950
Lobiko Plus Group
Kinshasa, Kinshasa, Congo (DRC) / Food
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A loan helped to increase the fresh food’s stock and reselling at profit.
Lobiko Plus Group's story
Julienne, aged 60, is the chairwoman of the Community Bank “Lobiko Plus”, which is composed of 11 members united in solidarity to receive loans from Kiva through the MFI HOPE RDC with the goal of developing their businesses. Julienne has been in business for years. She sells fresh food at the market located north-east of the city of Kinshasa. She is a loyal client of the MFI HOPE RDC who has already received seven different loans and has repaid them properly. As the fresh food demand is high in her community, she intends to use the next loan to increase her stock of fresh food, reselling it with the aim of increasing her profits. Each month, her business brings in a profit of US$300. Her ambition is to someday become a fresh food wholesaler in her environment. Julienne is a widow and has five children, who are aged between 20 and 30 years old. Two of them go to school.