Update on DorotheShe is 45 years old, married and has three children who are between the ages of 5 and 15. She has been in the business of selling fresh goods for the past 20 years. She has already benefited from three previous loans. Her sales have increased significantly, she makes on average between 55,000 and 200,000 cfa francs per day. With this new loan, she is going to replenish her inventory by purchasing 20 cases of chickens, 20 cases of different cuts of meat, and 20 cases of chicken thighs. Very entrepreneurial, she intends to continue working with Hope Congo. She already has a freezer room and will continue to grow her business.
Femme de 45 ans, mariée et mère de 3 enfants dont l'age varie entre 5 et 15 ans.Elle se lance dans la vente des vivres frais il y' a de cela 20 ans.Elle a déjà bénéficie de 3 cycles de prêts.
Ses ventes ont largement augmentées , elle a en moyenne 55.000 fr a 200.000 fr par jour.
Avec le nouveau prêt elle va renforcer le stock de ses marchandises en achetant des 20 cartons de poules a bouillir,20 cartons de la viande avant et arriéré, 20 cartons de cuisses de poulets...
Tres entreprenante, elle tient a aller au bout avec Hope,elle a déjà sa chambre froide et veut continuer dans le même sens.
Previous Loan DetailsDorothe has a strong entrepreneurial spirit and has just finished her first loan with excellent results. She had bought crates of fresh food like whole chickens. turkey wings, chicken wings, turkey pieces, and sides of pork. Her daily sales went up sharply, from 100,000 francs to 250,000 francs… More from Dorothe'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