Check out some available loans that are similar to this one!
Adolphe
Our client is 41 years old, married, and the father of four children, from 3 to 11 years old. Due to a lack of support for pursuing higher education, he created a micro-enterprise with the main focus being in the restaurant business, specifically selling cold meals and sandwiches. His revenues range from 25,000 to 50,000 francs per day.

With regard to his frequent customers and his shortage of goods, and of some aspects of his sausages, this micro-loan will enable him to support his business in order to ensure its growth and the realization of his vision, which is none other than having a modern catering service. Facing up to the obligations related to his position, he is a model for his community.
View original language description ↓

Client âgé de 51 ans, marié et Père de quatre (4) enfants dont l’âge varie entre 3 ans et 11ans.
Par manque d’appui pour la poursuite de ses études supérieures, il a crée une micro-entreprise dont la vocation est la restauration, spécifiquement la vente des repas froids et des sandwichs.
Ses revenus sont de 25000 frs a 50.000frs par jour
Au regard de la fréquence des clients et la rareté des produits et certaine qualités de saucisson, le microcrédit permettra d’appuyer l’activité pour assurer sa croissance et la réalisation de sa vision qui n’est autre avoir un service traiteur moderne. Faisant face aux obligations liées à son statut, il est exemplaire dans sa communauté.

Additional Information

More information about this loan


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.

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.)

  • $2,250
    Average annual income
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,177,650
    Funds lent in using Kiva
  • 455.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Adolphe to buy bread, dried sausages, boxes of cheese and ham, and boxes of pasteurized butter.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 1, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2011