Patrick Arnaud Gildas
Update on Patrick Arnaud GildasThis customer is 37 years old, single with 2 children aged 13 and 3 years. At the end of his studies he began to sell smoked salt-water fish such as herring and mackerel.
His sales have greatly increased, to the point where his income is now between 150,000 francs and 450,000 per day. He has begun selling cartons of fish wholesale or semi-wholesale, which he buys in Pointe Noire.
He has already been granted three loan cycles, successfully repaid his loans and made huge savings. With this new loan, he will strengthen his stock supply by purchasing 25 cartons of herring and 20 boxes of mackerels he then delivers to market retailers.
Very ambitious, he wants to go all the way : become a wholesaler and a prominent businessman in this country.
Client de 37 ans , celibataire avec 2 enfants dont l'age varie entre 3 et 13 ans. A la fin de ses etudes il se lance dans la vente des poissons de mer fumes comme le hareng et la maquerelle.Ses ventes ont largement augmentes, il a des recettes de 150.000 a 450.000 frs par jour et a commence a faire la vente en gros et demi gros, des cartons de poissons qu'elle va acheter a Pointe Noire.
Il a déjà bénéficié de trois cycles de prêt, il a rembourse son prêt avec succès et a fait des épargnes énormes.
Avec ce nouveau prêt , il va renforcer le stock de ses marchandises, il va acheter 25 cartons de hareng et 20 cartons de maquerelles qu'il livre chez vendeurs du marche.
Tres ambitieux, il tient a aller jusqu'au bout devenir un grossiste et un homme d'affaire important de ce pays .
Previous Loan DetailsA 36-year old college graduate, single with two children in his care, 2 and 12 years old. After obtaining his economics degree in 2002, he launched a business selling smoked sea fish such as herrings and mackerel. Thanks to his first loan, he bought ten boxes of herring and five boxes of… More from Patrick Arnaud Gildas'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