Without support for continuing his studies, he began making pottery and decorative items. Given the high demand for these products, a loan will allow him to increase his stock by purchasing: clay, 3 boxes of different colored paints, 3 multi-shape molds, colorants, 1 shovel, 1 trowel and 1 wheelbarrow.
He has been saving hard to guarantee expansion of his micro-business. His ambition is to have a modern pottery studio where he could help unemployed youngsters, and find a balance between supply and demand.
Client Âgé de 37 ans, marié et père de 3 enfants dont l’âge varie entre 2 ans et 9 ans.
N’ayant pas de soutien considérable pour poursuivre ses études, il s’est lancé dans la fabrication des pots et la décoration.
Vue la forte demande de ses produits, l’octroi du crédit lui permettra de renforcer son stock de matériaux en achetant : de l’argile, 3 boites de peintures de différentes couleurs, 3 moules multiformes, des colorants, 1 pelle, 1 truelle, une brouette. Pour assurer la croissance de son micro-entreprise, il épargne beaucoup.
Très ambitieux, il souhaite avoir une poterie moderne pour encadrer les jeunes désœuvrés pour équilibrer l’offre et la demande.
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