The Group Loan Program


Sample icon1 This program is a convenient and easy financing mechanism to empower those with no capital.

The Organizational Loan Program (OLP)

Sample icon 2 We work with local organizations in order to form partnerships for achieving the program’s goal.

Rotating Credit for Schools (RCS)

Sample icon 3Aimed at improving schools infrastructure.In Eastern DR Congo most schools are in very poor conditions.

The Soap Maker

Maman Katungu Kyarambi is a soap maker working with her husband at home. They started their soap-making business, Mileto Soap, with her first loan of $50 from Pro-Microfinance DRC in March 2010.

Initially, they produced two boxes of soap per day to sell in the community. Two months later, after re-paying their original loan in full, they qualified for a $100 loan. Four months afterward, they were approved for their third loan, of $200. In order to meet the growing demand for the high-quality product, in March 2012, the entrepreneurs took out a fourth loan of $400 in order to increase production (12 months after their first loan). Today, the couple is planning to increase production even further. The couple is currently working on a business plan with the help of PMI loan officer and will apply for a $1000 loan, which would be used to purchase a mixer and employ two employees from the community.

If you or your friends and family would like to make a donation to support these women who are rebuilding their lives, please donate.

 

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