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M'foulou-Ngoulou
M'FOULOU-NGOULOU A. is a 36-year-old mother to four children. She is married and has been able to send her children to school due to income from her business. Her oldest is 19 years old and the youngest is just turning 3. She started her business selling a variety of clothes and sandals about 15 years ago and has been able to continue to provide for her family's basic needs. With this loan, she will be able to purchase better quality sandals and grow her business. Her dream is to improve her family's living conditions and send her children to a better school for a better education.

Additional Information

More information about this loan


Important Information

About HOPE Congo S.A.: HOPE Congo S.A. is a start-up microfinance institution located in Brazzaville, Republic of the Congo. As of 2009, the Republic of the Congo was the 136th-ranked country in the United Nations Development Programme’s Human Development Index. The average life expectancy is in the low 50s and food insecurity poses a constant threat to ordinary people’s well-being. Through the creation of community banks, HOPE Congo provides credit, savings, and training for entrepreneurs in Brazzaville. With their services, they aim to nourish a culture of saving and an independent community of responsible and self-sustaining entrepreneurs.

About Congo (Rep.)

  • $2,250
    Average annual income
  • 4
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,265,350
    Funds lent in using Kiva
  • 527.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped M'foulou-Ngoulou purchase better quality sandals to add to her inventory.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2010
Listed
Jun 22, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010