Theo operates a two, corn mill business. He started his business in 1998 with his own capital of $200. He is married and has two children. Due to the high customer demand in the community, with a loan of $550, Theo would be able to purchase a 30-horsepower mill, which is more powerful than the one he is currently using. The more powerful mill will enable him to meet his clients’ needs and make additional profits. His current business capital is $2,200.
About HOPE DRC
HOPE International has been providing small business loans and savings services to thousands of entrepreneurs in DRC since 2004. HOPE DRC targets small business owners who can use loans to increase their inventories or invest in assets that have the potential to increase their incomes. Funds from Kiva lenders play a major role in expanding access to affordable, flexible capital for micro-entrepreneurs, 80% of whom are women.