A loan of $4,300 helped a member to increase the stock of wheat flour, yeast, and vegetable oil for making doughnuts to sell.

Progression Plus Group's story

Progression Plus is a Community Bank made up of 15 members whose chairwoman is Thérèse K.. These members are united for the same goal: to grow their businesses by loans received from Kiva through MFI HOPE RDC.

Thérèse makes and sells doughnuts. She began her business in 1993. After hard work and good management, she succeeded in making it thrive thanks to the accumulated profits and different loans she received from HOPE DRC. Thérèse is a trustworthy client of the MFI HOPE RDC, having six times obtained and correctly repaid loans. She will increase her stock of the inputs with her next loan by buying wheat flour, yeast and vegetable oil for making doughnuts and reselling them at a profit. Her business brings in US$40 of profit each week. Her dream is to someday open a drugstore in her environment. Thérèse is 38 years old, married and the mother of seven children whose ages range from 6 to 20 years old. All of them are pupils.

In this group: Thérèse, Okongo, Mbiya, Mamy, Isabelle, Justine, Marie-Josée, Madeleine, Buhika, Micheline, Odette, Raphaël, Jules, Mélanie, Christien

Loan details

Lenders and lending teams

Loan details