Update on Lucie YvetteA 42-year-old client who is unmarried with three children, she started selling ocean fish in 2001. She has been a client of HOPE for several loan cycles. She has made payments very successfully and has enormous savings. This enables her to pursue this new loan cycle to expand her business.
She has purchased boxes of fish, such as cod, sole, and horse mackerel that she displays and sells retail at the largest market in town.
Her ambition is to open a butcher shop.
As a single woman, she is taking care of her children's school costs in a satisfactory manner. And with her profits, she has improved her family's living conditions.
Elle est cliente de Hope depuis plusieurs cycles ,elle a fait des remboursements avec beaucoup de succès et a des épargnes énormes et cela lui a permit d'aller a ce nouveau cycle pour elargir son activité.
Elle a acheté des cartons de poissons de mer comme la morue, les cartons de soles,cartons de chinchards, qu'elle vend en détail sur des étalages dans le plus grand marche de la ville.
Elle a pour ambition d'ouvrir une boucherie en tant que femme seule, elle s'occupe valablement de la scolarité de ses enfants et avec ses bénéfices elle a améliorée les conditions de vie de sa famille.
Previous Loan DetailsLucie Yvette T. is 41 years old, unmarried and the mother of three children whose ages range from 4 to 15 years. She has been selling sea fish since 2001 and began her business with a capital sum of 150,000 francs. She sells her fish for 120,000 to 210,000 francs per day. With her current loan,... More from Lucie Yvette's previous 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.
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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