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Sinclair
This young merchant, 30, is single and he started out selling groceries and bread almost 10 years ago. Very young and having no one to support him, he opened up a stall with 50,000 francs that he had saved up by selling bread. His sales amount to 15,000 to 25,000 francs a day. His strategy is to get up early and buy warm bread from the bakery, then go from door to door, calling out his wares, in the back streets of his community. At 8 am he opens his kiosk where he sells the remaining loaves of bread and other foodstuffs.

With the loan that he is counting on receiving, he is going to buy cartons of powdered milk such as "la belle Hollandaise" and "Nido" milk, a sack of 50 kg of sugar, tinned foods, and various detergents and bath soaps.

His ambition is to open up a real grocery store, to get married one of these days, and start a family. In his neighborhood everyone has known him since he was a child.
View original language description ↓
jeune commercant de 30 ans, celibataire s'est lance dans l'alimentation et vente des pains il ya bientot 10 ans, tres jeune n'ayant aucun soutien,il ouvre un etalage, avec 50000frs qu'il avait epargner par la vente des pains.Ses ventes sont de 15000 a 25000 frs par jour, et pour sa strategie il se leve de bonne heure et va acheter du pain chaud a la boulangerie, et fait des portes a portes en criant dans les ruelles de son quartier, et partir de 8 h il ouvre son kiosque ou il vend le reste du pains et les produits de son alimentation.
Avec le pret qu'il compte recevoir il va acheter des cartons de lait en poudre comme le lait belle Holandaise,le lait Nido,sac de sucre de 50kg ,les conserves et les differents produits de lessive et bains.
Son ambition, c'est d'avoir un magasin d'alimentation, se marier un jour et fonder une famille.
dans le quartier tout le monde le connait du plus petit au plus grand.

Additional Information

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.)

  • $6,600
    Average annual income
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,281,600
    Funds lent in using Kiva
  • 529.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Sinclair purchase of powdered milk, butter, sugar, detergents, toilet soap, and tinned goods.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2010
Listed
Jun 29, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010