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Louis is 48 years old, single and the father of three children between the ages of 5 and 21 years old. He started his hardware business in 2002 in order to take care of the needs of his family.

He has many sales strategies and is very nice to his customers. On average, he sells between 5,000 and 50,000 francs of goods each day. With this loan, he will increase his stock by buying switches, fuses, toilets, faucets, and light bulbs. In the future, he hopes to enter the wholesale business and with his savings he will open a large store; he will travel to West Africa to purchase his merchandise.
View original language description ↓
monsieur de 48 ans, celibataire et pere de 3 enfants dont l'age varie entre 5 et 21 ans,il commence ce commerce en 2002 Pour pallier a cela et prendre en charge la vie de sa famille il se lance dans la quincaillerie .
Il a plusieurs strategies de vente et est tres gentil envers ses clients.. En moyenne il vend environ 5000 a 50.000frs par jours

Avec le pret qu'il compte recevoir, il va renforcer en achetant des interrupteurs, des fusibles, des sanitaires,des robinets,des ampoules.
A l'avenir il pense se lancer dans la vente en gros et avec ses economies , epargner beaucoup pour pouvoir ouvrir un grand magasin , voyager aller acheter de la marchandise en Afrique de l'ouest.
Tres serieux, il pense aussi a envoyer ses enfants dans des grandes ecoles pour leur formation.

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
  • 1
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,193,950
    Funds lent in using Kiva
  • 467.6
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Louis to purchase toilets, faucets and light bulbs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 11, 2010
Oct 17, 2010
Currency Exchange Loss:
Mar 15, 2011