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Narcisse
Narcisse is 47 years old, married and the father of 8 children aged between 5 and 20, all of whom go to school. Twenty years ago, in order to be able support his family when the production unit where he worked went bankrupt and had to close down, Narcisse started selling grilled meat at a large crossroads near the biggest market in town. He used the small amount of money he had been paid to buy a barbecue and some boxes of chicken thighs. The resulting customer demand was high and, thanks to his considerable sales, he now makes on average between 50 000 and 110 000 francs a day.
An active and enterprising man, he sells his wares every day from 6 o´clock to midnight. He manages to make some savings and uses his profits to pay for his children´s education.
He will use this loan to restock on goods including 5 boxes of chicken thighs, 5 boxes of gizzards and 2 boxes of Doux chicken.

Client de 47 ans, marie et père de 8 enfants dont l'age varie entre 5 et 20 ans dont tous vont a l’école.Il y'a de cela 20 ans , a la faillite et fermeture de l’unité de production ou il travaillait, vu la charge de ses enfants il se lance dans la vente des grillades dans un grand carrefour non loin du plus grand marche de la ville.
Ayant profite du peu d'argent qu'on lui avait paye, il acheta une barbecue et quelque cartons de cuisses de poulets, avec la forte demande de ses clients, le prêt lui permettra de renforcer le stocks de ses marchandises, tel que 5 cartons de cuisses de poulets, 5 cartons de gésiers et 2 cartons de poulets doux, ses ventes sont considérables, il a en moyenne 50.000 frs a 110.000 frs par jour.
Sa stratégie est de vendre tous les jours de 6h a minuit , très dynamique , il réalise des épargnes et avec ses bénéfices il assure la scolarité de ses enfants.

Additional Information

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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
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,244,275
    Funds lent in using Kiva
  • 452.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Narcisse to buy boxes of chicken thighs, boxes of Doux chicken and boxes of gizzards.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2011
Listed
Sep 3, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012