For his second loan, he wants to expand his meat shop by buying meats he was not able to afford earlier on such as ox tails, roasts, pork ribs, stewing hens, and cold cuts.
Very ambitious, he wants to go far in his business, in the long run opening a cold storage room and with his profits continuing to save to care for his children.
Client de 32 ans, celibataire avec 2 enfants a sa charge, ayant deja beneficie d'un pret au premier cycle, il a rembourse avec succes et a eu a faire des epargnes considerables.
Pour ce second pret qu'il va beneficier , il veut elargir sa boucherie en achetant des denrees qu'il ne pouvait acheter avant comme , les queue de boeufs,viande arriere, cotes de porcs, poules a bouillir et de la charcuterie.
Tres ambitieux, il veut aller loin dans son activite, ouvrir a la longue une chambre froide et avec les benefices continuer a epargner et prendre soin de ses enfants.
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