She sold salted fish in the market for 10 years. She has already received three loans before this one which will allow her to change businesses, since she no loner has a table at the marketplace. She prefers to sell doughnuts and cakes at her home and be able to watch her children during this vacation period.
The profit from her prior business allowed her to put aside some savings and with this loan she will buy two sacks of flour, one sack of sugar, one jerrycan of oil, one sack of rice, 25 kg of powdered milk, one can of baking powder, two sacks of charcoal and some firewood.
At home she sells in the morning and during the day and in the evening she makes milk rice which is much appreciated by children. These daily sales together make between 25,000 and 40,000 francs.
If her income and her profit grows, she intends to buy an locally made stove to make more cakes to deliver. She helps her husband keep her children in school.
Elle vendait le poisson salé au marché depuis 10 ans. Elle a déjà bénéficiée de 3 prêts avant celui-ci qui va lui permettre de changer d’activité car elle n a plus de table dans le marché. Elle a préféré vendre les beignet et gâteaux à domicile et surveiller ses enfants pendant cette période des vacances.
Les bénéfices de son activité passé lui ont permis d’épargner et avec le prêt actuel, elle va acheter : 2sacs de farine, 1sac de sucre, 1bidon d’huile, 1sac de riz, 25kilo de lait en poudre, 1boite de levure, 2sac de charbons, du bois de chauffe….
A domicile elle vend le matin, en journée et le soir elle fait le riz au lait très apprécié par les enfants. Ces ventes s journalières sont comprises entre 25000f et 40.000F.
Si ses revenus et ses bénéfices augmentent, elle compte acheter un four artisanal pour fabriquer plus de gâteaux afin de les livrer.
Elle aide son marie pour soutenir la scolarité de ses enfants.
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.)
0View loans »
Success!! The loan was 100% repaid