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Frederic
Mr. Frederic K. N. is a single 31-year-old entrepreneur with no children. Upon receipt of his high school diploma, not having the means to continue his studies at a university level, he went into business.

In 1998, he opened a butcher's shop where he sells beef, cartons of chicken thighs, chicken wings, pork chops and saltwater fish. His sales range from 15,000 to 30,000 CFA francs daily.

Upon receiving his loan, he plans to increase his available merchandise, adding 5 cartons of beef, 2 cartons of oxtail, 2 cartons of chicken thighs, a carton of chicken wings and 2 cartons of saltwater fish like cod and emperor fish.

In the future, he wants to be a serious businessman, open a cold storage room and sell cartons of fresh food wholesale.
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Client de 31 ans célibataire sans enfant, a l'obtention de son Bac, n'ayant pas des moyens pour aller continuer des etudes universitaires , il se lance dans le commerce.
En 1998, il ouvre une boucherie ou il vend de la viande de bœuf,des cartons de cuisses de poulets,les ailes de poulet, les cotis de porcs , du poisson de mer, ses ventes sont de 15.000fr a 30.000 fr par jour.

A l'obtention de son prêt, il compte renforcer le stock de sa marchandise en ajoutant, 5 cartons de viande bœuf,2 cartons de queue de bœuf,2 cartons de cuisses de poulet, un cartons d'ailes de poulet et deux cartons de poisson de mer comme la morue et le poisson capitaine.
A l'avenir il veut être un grand homme d'affaire, ouvrir une chambre froide et faire vente en gros des cartons de vivres frais.



Additional Information

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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
  • 4
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,265,350
    Funds lent in using Kiva
  • 470.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Frederic to buy cartons of beef, pork chops, boiling fowl, cartons of chicken thighs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2011
Listed
Mar 18, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011