Given the high volume of customers and the dearth of quality merchandise, this microloan will allow him to grow his business further and continue his work towards implementing his vision of becoming an importer and wholesaler one day. Honoring his social obligations, he serves as a role model in his community.
N’ayant pas un salaire consistant à la fonction publique, il a crée une micro-entreprise dont la vocation est la vente en détail des valises. Il a des ventes de 10.000 frs a 80.000frs par jour.
Au regard de la fréquence des clients et la rareté des marchandises de bonne qualité , le microcrédit permettra d’appuyer l’activité pour assurer sa croissance et la réalisation de sa vision qui n’est autre que devenir Importateur – Grossiste.
Faisant face aux obligations liées à son statut, il est exemplaire dans sa communauté.
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