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Ines Sylvie
This 38-year-old woman is a single mother of two children, a 3-month-old and a 5-year-old who attends school. After obtaining her bachelor’s degree, she had no financial support to continue with her studies. She started selling small pastries in 2003.

She wants to use this loan to strengthen her activities by buying two bags of flour, baking powder, vanilla, containers of margarine, a 25kg bag of sugar, and a can of oil.

She uses different strategies for a quick turnover: she delivers her cakes, madeleines, waffles and sweet rolls in the neighboring shops, at the market, and she also sells baked goods from her home.

In the future, she plans to open a pastry shop and hire two or three employees. She wants to use her savings to support her family and pay for her children’s tuition. She is a quiet woman with a good reputation around her neighborhood and at the church where she receives communion.
Femme de 38ans celibataire et mère de 2 enfants dont l'âge varie de 5ans à 3 mois, 1 enfant est scolarisé. après son bac, n'ayant pas de soutien financier pour poursuivre ses études, elle s'est lancé dans le commerce de petite patisserie depuis 2003.
avec ce prêt elle veut renforcer son activité en achetant deux sacs de farine, un sac du sucre,de la levure chimique, dela vanille, des boites de margarine, un sac de 25 kg de sucre, plus un bidon d'huile.

Elle a plusieurs strategies pour faire ecouler sa marchandise; elle fait des livraisons des ses cakes,madeleines, gauffres et brioches dans les boutiques environnants, au marche et elle vend aussi a domicile.
A l'avenir elle pense a ouvrir une patisserie ou elle pourrait employer 2 ou 3 personnes, et vac ses epargnes elle veut soutenir sa famille et les etudes de ses enfants. Femme tres calme, elle a bon temoignage dans son quartier et a l'eglise ou elle communie.

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.

Please note that this Field Partner does not meet all of the minimum criteria for partnership with Kiva. HOPE Congo is a start-up MFI that is being fully backed by the HOPE International with an institutional guarantee. Because Kiva lenders are fully protected against institutional failure by the guarantee agreement, Kiva felt it was appropriate to override our minimum criteria in order to access this new market.

About Congo (Rep.)

  • $2,250
    Average annual income
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,177,650
    Funds lent in using Kiva
  • 504.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Ines Sylvie to purchase flour, sugar, milk, butter, vanilla, and vanilla sugar.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2010
Listed
Jul 29, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010