A loan of $3,825 helped a member to increase the inventory of her business by buying 25 pagnes and reselling them at profit.

Lobiko Plus Group's story

Marie-Josée, is the chairwoman of the Community Bank named “Lobiko Plus”, which is composed of 16 microentrepreneurs. These members are united for the same goal: to grow their businesses by loans received from Kiva through IMF HOPE RDC.

Marie-Josée is 63 years old. Her main activity is to sell pagnes, which are women’s wrapping clothing, in DRCongo. She buys the pagnes in bulk and resells them, at a profit. She sells her products daily at the market in his area, located north-east of Kinshasa.

Marie Josée started her business in 1991. She is a trustworthy client of the MFI HOPE RDC, having five times obtained and correctly repaid loans. Her next loan will allow her to buy 25 pagnes, to increase her sales, in order to make a better profit. Marie-Josée makes a profit of about US$100 per week. The aim of this loan is mainly to increase Marie Josée's profit so she can buy food and also reinforce her business. She is a widow and the mother of eight children, aged between 23 and 40 years old.

In this group: Marie-Josée, Alpha, Victorine, Marie, Monique, Mimy, Jina, Rebecca, Néhémie, Andrienne, Kanku, Souzy, Esther, Aristote, Alfi, Amual

Loan details

Lenders and lending teams

Loan details