With the loan she wants to expand her business by buying cartons of salted fish such as cod, tuna, flounder and sword fish and her intention is to begin already to do intermediate trade as well as retail.
In the long run, she wants to open a warehouse for salted fish in order to be a wholesaler and with her profit she intends to improve living conditions for her family and also send her children to university.
Avec le prêt elle veut élargir son activité en achetant des cartons de poissons sales comme la morue, le thon, la sole, capitaine, et ses intentions c'est commencer déjà à faire la vente en demi gros et détails.
A la longue, elle veut ouvrir un dépôt de poisson sale pour être grossiste et avec ses bénéfices elle compte améliorer les conditions de vie de sa famille et aussi amener ses enfants à faire des études universitaires.
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