Update on Estelle RajyThis client is 33 years old, single and the mother of one child. She launched a restaurant business back in 2009.
She already had three prior loans and repaid them without delay. Her daily revenues are about 160,000 Francs and she always saves in between loan payments. With the current loan, she will purchase some grocery items wholesale, such as: three boxes of chicken legs, two boxes of meat, two boxes of salted fish, one 50-kg basket of smoked fish, one 25-liter jug of oil, one 50-kg bag of rice, one box of canned tomatoes, one barbecue [grill], condiments (onions, [sauce] cubes, white pepper, black pepper, pimento, garlic) as well as plastic chairs.
Her aim is to make grilled dishes and take-away foods. Her customer base is growing because her services are affordable. She puts money away as savings and would like to open a more modern restaurant in order to achieve her goal: to buy a plot of land and support her son’s education.
elle a deja bénéficié de 3 prêts et elle a remboursé sans défauts de paiements..
Dans le soucis d'élargir son restaurant , elle est prit un autre prêt.
ses revenus par jour sont de 160.000f et elle épargne toujours durant les réunions de remboursements.
avec l'actuel prêt, elle va acheté en gros les aliments tels que: 3cartons de cuisses de poulets, 2cartons de viandes, 2cartons de poissons salés, 1 de 50kg panier de poissons fumés, 1 bidon de 25l d'huile , 1 sac de 50kg sac de riz, 1 carton de tomates en boîte, 1 barbecue , les condiments( oignons, cubes, poivres blanc , poivre noir, piment, ail ); et les chaises en plastiques.
Son souci est de faire des grillades et des menus à emportés , sa clientèle augmente car les services sont très acceptables.
Elle épargne et veut ouvrir un restaurant plus moderne pour atteindre son objectif:acheté une parcelle et contribuer à l'éducation de son fils .
Previous Loan DetailsThis is a 33-year-old unmarried woman who is the mother of a 1-year-old child. Having dropped out of her senior year of high school and having no more financial support, she started working in commerce in 2009. Her daily income has increased from 50,000 to 100,000 francs per day. Upon being… More from Estelle Rajy'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
- Nov 16, 2011
- Dec 1, 2011
- Currency Exchange Loss:
- Jun 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.