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Update on Rosine

This client, 41 and single, has two children aged 17 and 21. She got into selling office supplies and such at a very young age, when she left off her studies in high school.

She has already received several loans, has reimbursed them successfully, and put aside considerable savings. With this fourth loan, she is going to expand her stock of merchandise, for example, boxes of paper, cartons of notebooks, pens of all sorts and felt-tip pens, etc.

She displays her wares not far from the administrative offices and various primary school, middle schools, and technology institutes, and she has customers who have been buying from her for years and who sometimes buy on credit.

Very motivated and possessing a good character, she means to go far and she is taking over paying education fees for her two children who are already at university.
View original language description ↓
Cliente de 41 ans, celibataire avec deux enfants dont l'age varie entre 17 et 21 ans. Elle se lance dans la papeterie et vente des fournitures scolaires très jeune , quand elle arrête ses etudes en classe de 1ere.

Elle a déjà bénéficié de plusieurs cycles de prêts, elle a remboursée avec succès et a fait des épargnes considérables.
Avec ce quatrième prêt , elle va renforcer le stock de sa marchandise tel que des cartons de papiers rame, des cartons de cahiers, des stylos de tous genre, des feutres...
Son étalage est située non loin des bureaux administratifs et des differents écoles primaires , collèges et instituts techniques, il a des clients très fidèles depuis des années qui bénéficient de ses services et qui prennent parfois a crédits.
Très motivée,avec un bon caractère , elle veut aller loin et elle est entrain de prendre en charge la scolarité de ses deux enfants qui sont déjà a l'université.

Previous Loan Details

A 40-year woman, single with two children, 16 and 20 years of age. In 1993, already a single young mother, she abandoned her high school studies because of the need to provide for her children abd started a business selling office and school supplies. With her first loan, four months ago, sh... More from Rosine's previous loan »

Additional Information

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.

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.)

  • $6,600
    Average annual income
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,281,600
    Funds lent in using Kiva
  • 471.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Rosine purchasing reams of paper, notebooks, ballpoint pens, paints, markers, file folders, and boxes of pencils.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 17, 2011
Nov 8, 2011
Currency Exchange Loss:
May 15, 2012