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Julienne
This woman is 52 years old, married, and a mother to four children ranging in age from 12 to 24 years old. She started selling second-hand goods in 2008 with a capital of 95,000F. She is friendly, her prices are affordable, and she is very discriminating in her selection of merchandise. Her daily sales average 30,000 to 50,000F. Poor quality items, if any, are marked down to allow her to recoup her investment.

She will use the current loan to strengthen her business by buying one bale of handbags, some bed sheets, one bale of discontinued towels, and half a bale of tablecloths and tea towels. These are seasonal purchases.

Highly motivated, she plans to sell a lot in order to save and prepare for the next cycle. Her goal is to increase her income, buy a plot of land, and build a store to sell second-hand merchandise.

She helps to support her family both morally and financially by ensuring their well-being. Those close to her appreciate her, and they believe that she is doing very well as she sells at least two bales per week.
Femme mariée, âgée de 52ans, mère de 4 enfants dont l’âge varie entre 12 et 24 ans.
Elle a commencée à vendre de la friperie depuis 2008 avec un capital de 95000 frs.
Accueillante, ses prix sont abordables et elle est stricte dans le choix de ses ballots. Ses ventes journalières varient entre 30000f et 50000F, et quand elle tombe sur un ballot de mauvaise qualité, elle procède aux soldes pour récupérer son capital
Avec l’actuel prêt, elle va renforcer son activité en achetant : 1ballot de sacs, des draps, 1 ballot des serviettes (fin de série), ½ ballot des nappes de table et torchons et ces ballots sont acheter selon la saison.
Très motivée, elle compte vendre beaucoup afin d’épargner pour se préparer au prochain cycle.
Son objectif est d’avoir plus de moyens, acheter une parcelle, construire un boutique de vente de friperie.
Elle contribue à l’éducation morale et financière de sa famille en leurs assurant un bien être.
Son entourage l’apprécie et pense qu’elle se débrouille bien car elle ouvre au moins 2 ballots par semaine.



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
  • 459.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Julienne to buy bales of handbags, bedsheets, tablecloths, tea towels, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2011
Listed
Sep 9, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012