Update on Aime GilbertThis borrower is a 42-year-old married man and father of three children ranging from 5 to 14 years old. He started to sell second-hand clothing nearly 16 years ago.
He has been a member of Hope for almost three full loan cycles and always repaid his credits without problems while making considerable savings. His sales increased from 40,000F to 90,000F per day and he earned substantial profits.
With this new loan, he will buy bales of pants, shirts, polos, unused t-shirts, and discontinued suits, which he will sell at retail neatly pressed.
His goal is to open a men’s wear shop and travel abroad to purchase high-quality merchandise to meet his customers’ needs.
He is a very ambitious man who takes care of his family and provides for his children’s education.
Client de 42 ans, marie et père de 3 enfants dont l'age varie entre 5 et 14 ans, il se lance dans le commerce de la friperie il y a bientôt 16 ans, étant un client de Hope depuis bientôt 3 cycles, il a rembourse sans difficulté et a fait des épargnes considérables.
Ses ventes ont augmentes de 40000 fr a 90000 fr par jour,il a des bénéfices considérables.Avec ce nouveau prêt il va acheter des ballots de pantalons , des chemises, des polos et bodies non utilises, des habits en fin de séries, qu'il vend en détail bien repassés aux clients
Il a pour ambition d'ouvrir une boutique d'habits , aller a l’étranger pour acheter la marchandise de qualité pour satisfaire les besoins de ses clients;
Tres ambitieux, il prend soin de sa famille ,des ses enfants et assure valablement leur scolarité.
Previous Loan DetailsS. B. Aime Gibert is the 41-year-old owner of a small clothes store in Marche Moungali. He is the father to three children between the ages of 4 and 13 and is happily married. He started the sales of men's clothing in 1994 with $300 and gradually began to add women's clothing for sale as well.… More from Aime Gilbert's previous loan »
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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
About Congo (Rep.)
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Success!! The loan was 100% repaid
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Sep 12, 2011
- Oct 11, 2011
- Currency Exchange Loss:
- Apr 15, 2012
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.