A loan of $4,550 helped a member to buy a quantity of nails to resell in order to increase her profit.

Sérénité Plus Group's story

Thérèse Mangwahu, age 44, is the leader of the group named "Sérénité Plus", which was established in solidarity with the aim of receiving loans from HOPE Kinshasa RDC. Thérèse entered the micro-enterprise world in 1996 with $50 in initial capital. She managed to stabilize her business, thanks to rigorous work while reinvesting the accumulated profits. Her business is located in an outlying district and the most populated north of Kinshasa.

Thérèse received a loan three times from HOPE, and she totally repaid them and on time. Her ambition is to open a hardware store to serve the people in her district who travel far to find items they need. Financial support through Kiva loans via HOPE RDC is helping her to make her business prosper and, progressively, to realize her dream. Today, her business generates $30 in profit for her weekly. With the next loan, she intends to buy a quantity of nails to resell with the aim of growing her profit.

Thérèse is married and the mother of eight children varying in age from 1 to 23. Six of them are in school.

In this group: Thérèse, Aimé, Robert, Mado, Chantal, Marie-Jeanne, Marie, Alphonse, Dada, Lady, Dazy, Ankemadje, Muzinga, Maurice, Bwassa, Muladika, Balakompandje, Kafuti, Mertince, Pelazi, Samuel, Béatrice, Sallone, Florence, Julienne, Jacques, Marlène

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Translated from French by Kiva volunteer Daniel Kuey

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