Update on FélicitéThis customer is 39 years old, married and mother to three children, two of whom are at secondary school and one at "lycée". In 2000 she began to sell chickens for boiling on a stall in the market in order to cover her expenses, and after several years she used her profits to open a shop selling meat, fish and groceries. In 2010 she got her first loan from Hope and with the various loans she has received her business has undergone a real change, her sales have increased, her capital developed significantly and she manages without any difficulty to repay her loans and save a considerable amount.
On receipt of her new loan she is going to boost her stock with cartons of chickens for boiling, chicken thighs, sausage and meat, such as oxtail, hindquarters and forequarters, as well as several cartons of sole, canned tomatoes and cartons of mixed diced vegetables.
She intends to open a cold storage room and as a good mother she looks after her family well and now works together with her husband.
Cliente de 39 ans, mariée et mère de 3 enfants dont deux vont aux collège et un au lycée.En 2000 ayant considéré les charges de sa famille,elle commence a vendre des poulets a bouillir en détail au marche sur un étalage, après quelques années, avec ses benefices, elle ouvre une boucherie , poissonnerie et une alimentation et en 2010, elle reçoit le premier prêt de Hope, et avec ses differents prêts son commerce change réellement,ses ventes ont augmentes,son capital a largement évolué et elle rembourse sans difficultés et fait des épargnes considérables.
A l'octroi de son nouveau prêt, elle va renforcer le stock de ses marchandises,en ajoutant des cartons de poules a bouillir , des cartons de cuisses de poulets, des cartons de saucissons, des cartons de viande comme les queues de bœuf, l'arrière et l'avant ,quelques cartons de poisson soles, des boites de tomates pelées, des cartons de macédoines.
Elle a l'intention d'ouvrir une chambre froide, comme une bonne mère de famille, elle s'occupe valablement de sa famille et travaille maintenant en association avec son mari.
Previous Loan DetailsMaman Fely carries out her business in the butcher's/fishmonger's shop on the side of the Plateau market. She is married and mother to three children and she began selling chickens for boiling on a retail basis on a stall in the market ten years ago. With the previous loan she was able to build… More from Félicité'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
- Oct 17, 2011
- Nov 6, 2011
- Currency Exchange Loss:
- May 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.