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Alain Francis Ludovic
Mr Alain Francis is a single 30 year old with one eight-year-old son called Grâce. He attended school up to fourth grade of secondary school, and began selling miscellaneous products at the market in 1993 with starting capital of 5000F. He sells the following products: hibiscus, flour, vegetable oil, vanilla sugar, flavourings, and corn to make popcorn. His daily revenues are between 40,000 and 75,000F. He is aiming to boost his business by buying: one bag of hibiscus, one bag of sugar, one can of oil, one box of various flavourings, five packs of wrapping, 5 jugs of food colourings, one bag of sugar, 1/2 a bag of corn to make popcorn. He would like to remain in the same line of work by becoming a wholesaler and sell bags of hibiscus and corn. He would like to take a larger loan out in future and look after his son Grâce.
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Monsieur Alain Francis est âgé de 30ans, célibataire avec 1efant de 8ans qui s’appelle Grâce. Avec son niveau 3em, il se lance dans la vente des divers au marché en 1993 avec un capital de 5000F.
Il vends des produits suivants :bissap, farine, huile végétale, sucre , levure, sucre vanillé, colorants, sachets pour sky et glaces, arômes, maïs pour pop corn.
Ses ventes journalières sont comprises entre 40.000F et 75.000F.
Avec le prêt, il va renforcer son activité en achetant :
1sac de bissap, 1sac de sucre, 1bidon d’huile, 1carton de différentes senteurs d’arômes, 5paquets d’emballage, 5bocales de différentes couleurs de colorants, 1sac de farine, 1/2sac de maïs pour pop corn.
En voulant toujours resté dans ce commerce, il veut devenir fournisseur et vendre les sacs de bissap et le maïs.
En gros afin d’être capable de prendre un prêt plus important à l’avenir et s’occuper valablement de son fils Grâce.

Additional Information

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.)

  • $6,600
    Average annual income
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,281,600
    Funds lent in using Kiva
  • 462.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Alain Francis Ludovic to purchase bags of sugar, flour, corn, hibiscus, flavourings, and packs of baking flour and vanilla sugar.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Mar 10, 2011
Mar 26, 2011
Currency Exchange Loss:
Aug 15, 2011