Funded

Total loan: $6,000
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Nzambe Malamu Plus Group

Congo (Dem. Rep.)
Kinshasa, Congo (Dem. Rep.) / General Store

A loan of $6,000 helped a member to purchase additional goods for his store to resell at a profit.


Nzambe Malamu Plus Group's story

Marcel, 50, is married and the father of two daughters aged fifteen and nine years old. Both daughters attend school. He started his business in 2002, managing his own general store located mid-east of the city of Kinshasa. Each week, his business brings in a profit of $70.

Marcel is the chairman of the Community Bank named “Nzambe Malamu Plus,” which is composed of ten members united in solidarity to receive loans from Kiva through the MFI HOPE DRC with the goal of developing their businesses.

Marcel is a loyal client of the MFI HOPE DRC and has already received nine different loans and repaid them properly. He intends to use his portion of this $6,000 loan to purchase goods to resell with the aim of increasing his profits. His ambition is to have a food market in his area.

In this group: Marcel, Okondo, Antho, Dely, Chantal, Joseph, Francois, Honoré, Ipam*, Pecos
*not pictured



Loan details

Loan length:

6 months
Disbursed date: February 13, 2012
Facilitated by Field Partner: HOPE DRC, a HOPE International institution

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: February 13, 2012
Facilitated by Field Partner: HOPE DRC, a HOPE International institution