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Jean Pierre
This client is 51 years old, married, and is the father of four children who range in age from 18 to 22, all of whom are in college. Already in his third loan cycle, he has successfully repaid prior loans and has saved a considerable amount. His income has increased from 50,000 francs per day to 120,000 francs per day.

With this new loan, on the eve of the beginning of the school year, he wants to increase his stock of office supplies, such as boxes of notebooks, pens, batches of record books, rulers, pencils, reams of paper, and everything his clients need.

Being very ambitious, he plans to open a stationary store in the future to support his children's studies.
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Client de 51 ans, marie et pers de 4 enfants dont l'age varie entre 18 et 22 ans, et tous vont a l’université.
Étant déjà au troisième cycle de prêts , il a rembourse avec succès et a eu a faire des épargnes considérables, ses recettes ont augmentes de 50.000frs a 120.000 frs par jour.
Avec ce nouveau prêt , c'est a la veille de la rentrée scolaire, il veut renforcer le stock de ses fournitures de bureau comme des cartons de cahiers, des stylos, lots des registres, des règles,des crayons, papiers rames et tous ce dont les clients ont besoin.

Tres ambitieux, il compte ouvrir une papeterie a l'avenir pour soutenir les études de ses enfants.

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
  • 457.1
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Jean Pierre to buy batches of notebooks, batches of record books, boxes of rulers, pencils, and pens.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2011