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Richard
This father of a family of three children whose ages vary between 17 and five is himself aged 46 and owner of a butcher shop and grocery store in the market.

Past loans have allowed him to grow his business. His daily revenue has greatly improved. He has made enormous profit which has allow him to request a larger fourth loan.

With this loan he plans to buy 5 cartons of chicken thighs, 5 cartons of rump steaks, 3 cartons of other beef, 2 cartons of tripe, 2 cartons of oxtails, 2 cartons of stewing hens, 1 carton of pork, one carton of kidneys, 1 carton of beef liver, 1 sack of rice, 3 packages of mineral water, and tinned food (sardines, mackerel, peas, mixed vegetables, mushrooms, tomato paste, peeled tomatoes, sausages, etc.)


His daily sales total 50,000 to 150,000 francs and he sells a lot on the weekends and holidays. He sells more meat and chicken than fish since when there are power outages he has a hard time preserving food.

A responsible father, he pays the school fees for his children with problem and since he has been with Hope, his profit has allowed him to finish his house and live in it. He thinks that with the training he has received, he is going to achieve his dream: expanding his business and opening up another butcher shop and grocery store.
View original language description ↓
Âgé de 46 ans, père de 3 enfants dont l’âge varie entre 17 et 5 ans est propriétaire d’une boucherie /alimentation dans le marché.
Les prêt passés lui a permis d’augmenter son activité, ces revenus journalières ont connus beaucoup d’amélioration.il a réaliser des bénéfices énormes ce qui lui a permis d’avoir un prêt important au quatrième cycle.
Avec ce prêt, il va acheté : 5 cartons de cuisses de poulets, 5 cartons de viande arrière, 3cartonsde viande avant, 2 cartons des tripes , 2cartons de queue de bœufs,2 cartons de poulets à bouillir, 1catons de viande des porcs, 1carton de rognons, 1carton de foie de bœufs, 1sac de riz, 3packs d’eau minérales, des boites des conserves (sardine , maquerelles, petits pois , macédoines, champignons, tomates concentrées, tomates pelées, saucisses..).
Ses ventes du jour sont de 50.000F et 150.000F et il vend beaucoup le weekend et pendant le jour de fête
Il vend plus des viandes et des volailles que les poissons car avec le manque d’électricité il a un problème de conservation quand il y a les coupures de courant.
Père de famille responsable, il supporte la scolarité de ses enfants sans problèmes et depuis qu’il est a Hope, ses bénéfice lui ont aidée a finir sa maison et a y habiter, il pense qu’avec les enseignements reçus, il va réaliser son ambition : celui d’élargir son activité en ouvrant une autre boucherie / alimentation.














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.

About Congo (Rep.)

  • $2,250
    Average annual income
  • 4
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,265,350
    Funds lent in using Kiva
  • 455.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Richard to buy cartons of meat, tripe, stewing chickens and chicken thighs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012