A loan of $4,925 helped a member to buy 10 used tires and tubes for resale.

Abia Plus Group's story

Jean Martin, from Kinshasa DRC, is the 46-year-old group leader of a 27-member group loan named “Abia Plus” offered by MFI HOPE DRC. While each member of the group receives an individual loan, they are collectively responsible for paying back the loans of their fellow group members if someone is delinquent or defaults.

Jean Martin, who is married, has two children, aged 13 and 17, both of whom attend school. Since 1994, Jean Martin has been a micro-entrepreneur in the central part of Kinshasa. His main activity is selling used tires and tubes. His business currently brings in a profit of US $80 per week. Jean Martin has already obtained and correctly repaid 2 loans from microfinance institution and Kiva partner, HOPE DRC. He plans to use the coming loan to increase his inventory by purchasing ten more used tires and tubes for reselling at a profit in order to increase his income. His dream is to become a tire and tube provider and a point of sale within his community.

In this group: Jean Martin, Julie, Lisette, Théo, Lola, Hortense, Angélique, Julienne, Marie Claire, Claris, Nicole, Henriette, Aimé, Adolphine, Aminata, François, Augustine, Nsumbu, Marie*, Chantal, Elisa, Adrienne, Léonie, Elysée, Alain, Alphonsine, Bienfait
*not pictured

Loan details

Lenders and lending teams

Loan details