Funded

Total loan: $2,800
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Loboko Plus Group

Congo (Dem. Rep.)
Kinshasa, Congo (Dem. Rep.) / Fruits & Vegetables

A loan of $2,800 helped a member to buy two sacks of fruits to resell them at a profit.


Loboko Plus Group's story

Sabine is a chairwoman of a community bank named "Loboko Plus," made up of seven members firmly united to receive loans from the MFI (micro-finance institution) HOPE RDC in order to develop their businesses.

Sabine sells fruit and other miscellaneous items. She sells them in a market located in the western part of Kinshasa. She has been in business since 1997. She has borrowed ten loans from MFI HOPE DRC for business expansion, and she fully repaid them. With the next loan, Sabine will be able to meet customer demand and generate additional profits. She will buy two sacks of fruit to resell for a profit. Her business makes 35 USD in profit each week. One of Sabine's strategies for keeping her clients is to tell them in advance about any change that can occur in business. Her ambition is to become a fruit provider. She is 55 years-old. She is married and has four children between ages 30 and 38 years old who are independent.

In this group: Sabine*, Eva, Elisée, Merveille, Hélène, Alphonsine, Espérance
*not pictured



Loan details

Loan length:

6 months
Disbursed date: January 25, 2012
Facilitated by Field Partner: HOPE DRC, a HOPE International institution

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: January 25, 2012
Facilitated by Field Partner: HOPE DRC, a HOPE International institution