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Fad Plus Group
In this Group: Lutala, Etienne, Josée, Souza*, Olivier, Marie, Menga , Vicky, Laurent, Georgine, Calvin, Katy, Bienvenue, Antoinette
* not pictured
Lutala is the leader of this community bank named “FAD Plus”. It is composed of fourteen members united in solidarity to receive Kiva loans with the goal of developing their businesses.

Lutala has been selling secondhand clothing since 2005. He started his business selling one bundle of clothes. Over the years, his business has prospered through determination and hard work, and he has been able to build a loyal customer base that has stabilized his business.

With good management and savings, Lutala has been able to reinforce his working capital. He started with one bundle of secondhand clothing and is up to ten bundles today. He sells at the market in the southwestern area of Kinshasa and his business makes $90 per week.

Lutala has already obtained five loans from HOPE DRC and correctly repaid them. He will increase his stock of merchandise with his next loan by buying a bundle of secondhand clothing to resell the clothes at a profit.

Lutala is confident in his business and he is determined to someday be a secondhand clothing importer and provider for the market in DRC (The Democratic Republic of the Congo) in general and Kinshasa in particular.

Lutala is 55 years old, married, and has five children between the ages 13 and 25 of whom two attend school.

Additional Information


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
  • 9
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $13,396,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Fad Plus Group's $2,925 loan helped a member to purchase another bundle of secondhand clothing in order to reinforce his working capital.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jul 26, 2010
Jul 28, 2010
Currency Exchange Loss:
Jan 15, 2011