A loan of $5,225 helped a member to purchase different chemical products to make paints and latex and resell them at profit.

Losambo Plus Group's story

Ida is the chairwoman of the group “Losambo Plus”, made up of 22 members firmly united to receive loans from the MFI (micro-finance institution) HOPE RDC in order to develop their businesses.

Ida’s main business is making paints, latex etc…from different chemical products and reselling them at a profit in her area. She has been a micro entrepreneur since 1994. She likes her business and she is working hard to achieve her goal of one day opening a larger workshop. She is a loyal client of the MFI HOPE RDC and has already received sixteen different loans and has repaid them properly.

She intends to use the next loan to buy different chemical products to make paints, latex etc…and resell them with the aim of increasing her profits. Each week, her business brings in a profit of about $180. Fifty-two years old, Ida is married and has six children between the ages of 10 and 28 years old. All of them go to school.

In this group: Ida, Charlotte, Jacqueline, Florantine, Bernadette, Cephas, Make, Mick, Koko, Espoir, Konga, Dénise, Céléstine, Mireille, Agnès, Tumamika, Mamie, Paulin, Eddy, Pauline, Christine, Christian

Loan details

Lenders and lending teams

Loan details