When he receives his loan he will buy different quality detergents , bags for wrapping the clothes, dozens of clothes hangers and he is in the process of saving up to buy a 3kv generator to resolve the electricity shortage.
In the future he aims to improve his working conditions and work more than before in order to open another, more modern laundry.
Client de 45 ans, marie et pere de 3 enfants dont l'age varie entre 5 et 15 ans.En 2005 il ouvre un pressing pour laver les vetements hommes et femmes, ses revenus sont de 10.000 a 25.000 fr par jour.
A l'octroi de son pret, il va acheter des detergents de differents qualite, des sachets pour emballage, des douzaines des cintres et il est entrain d'epargner pour acheter un groupe electrogene de 3kv pour palier au probleme d'electricite.
Pour le futur il a l'intention d'ameliorer ses conditions de travail,et travailler plus qu'avant pour ouvrir un autre pressing plus moderne.
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