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Outh
This is a 22-year-old young man who is unmarried and without any children. After studying furniture-making in 2001, he got started in making and stuffing armchairs. He also makes chairs, shelving, and a kind of small plywood cases that merchants use as strong-boxes for keeping their coins. Selling these different items brings in 25,000 to 75,000 francs a week for him.

The current loan will enable him to buy: 10 meters of cloth for the armchairs, 3 sheets of plywood, 3 rails of white wood, 2 rails of red wood, 10 kg of nails, 2 containers of glue, 1 container of shellac, and some foam.

His goal is to open a large furniture workshop, where he is going to re-integrate street children into society and to support his younger sister in learning dressmaking. He is supported by brothers around him who are also his frame makers.
View original language description ↓
Jeune homme de 22ans, célibataire sans enfants qui après ses études de menuiserie en 2001 s’est lancé dans la fabrication et garnissage des fauteuils.

Il fabrique aussi des chaises, des poufs que les femmes utilisent pour cuisiner, les tablettes et les genres de petites caisses en contre-plaqué que les commerçants utilisent comme coffre-fort pour garder les pièces d’argent.les ventes de ses différents articles lui rapportent 25000f à 75000f par semaine.

L’actuel prêt va lui permettre d’acheter : 10mètre de tissus pour les fauteuils, 3feuilles de contre-plaqués, 3 bastingues du bois blanc, 2bastingues du bois rouge, 10kilogrammes des pointes, 2 pots de colles, 1 pots de vernis et la mousse (éponge).

Il a pour objectif d’ouvrir un grand atelier de menuiserie ou il va réinsérer les enfants de la rue et soutenir sa petite sœur à apprendre la coupe et couture.
Il est soutenu par les frères de son entourage qui sont aussi ses encadreurs.

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
  • 1
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,244,275
    Funds lent in using Kiva
  • 519.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Outh buying boards, plywood, rails, nails, varnish, glue.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2010
Listed
Aug 25, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011