A loan of $5,000 helped a member to purchase prepaid cell phone cards for resale.

Kala Yi Ngangu Plus Group's story

José, age 23, is the leader of the community bank “Kala Yi Ngangu Plus”, which is composed of 26 members united in solidarity to receive loans from Kiva through MFI (microfinance institution) HOPE DRC with the goal of developing their businesses.

José is single with a two-year-old son. He runs a cellphone booth. He has been in business since 2009. He manages his cell phone booth in an area located east of the city of Kinshasa. He is happy to be one of MFI HOPE DRC's clients. He intends to use the next loan to buy prepaid cell phone cards to resell with the aim of increasing his profits. Each week, his business brings in a profit of $40. His ambition is to expand his business.

In this group: José, Papy, Mireille, Jean, Noél, Joelle, Kabe, François, Bernadette, Jacqueline, Papy, Darly, Augustin, Anne Marie, Florence, Louise, Victorine, Mamie, Bijoux, Dany, Emmanuel, Dodoly, Pauline, Elysée, Annie, Alvine

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Loan details