To multiply his income, his strategy is to sell at home and at the market. He places orders with merchants who buy abroad and in the large shops in the capital. With his new loan, he intends to buy men's clothing, ties, shirts, jeans, and other fashionable clothes who attracts men. His daily sales amount to XOF 20'000 to 40'000 (ca US$ 40 to 80).
His ambition is to expand his business and increase his profits so that, in the long run, he can open a large boutique to sell ready-to-wear clothes for men and women.
Client de 36 ans, célibataire sans enfant. A la fin de ses études universitaires, n’ayant pas trouve d’emploi, vu les difficultés financières rencontres, il se lance dans la vente des habits friperie et habits prêt à porter.
Sa stratégie est de vendre chez lui a domicile et au marche pour multiplier ses revenus, il fait des commandes chez les commerçants qui vont acheter a l’étranger et s’approvisionnent aussi sur les grandes boutiques de la capitale.A l'octroi de son prêt il compte acheter des habits pour hommes, des cravates, des chemises, jeans et tous les habits a la mode qui attirent les hommes.
Ses ventes sont de 20.000 fr à 40.000 fr par jour.
Son ambition est de faire grandir son activité et faire plus de bénéfices pour qu’a la longue, il ouvre une grande boutique des habits prêts a porter pour hommes et dames.
More information about this loan
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.)
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Success!! The loan was 100% repaid