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Andre
Andre is a 54 year old client. He is married and father of six children between the ages of 16 and 30. After an apprenticeship in tailoring and dressmaking, he opened his shop 20 years ago with a capital of 300,000 XAF.

This is his third loan and it will allow him to grow, improve, and maintain his clientele. With the loan, he is going to buy rolls of fabric (gabardine, wool, Terylene, velvet, super 200, lining, Vaseline), thread, and needles. The only problem is when people do not show up to pick up their finished clothing. His strategy is to sell ready-made suits.

Four of his children are still in school. He is trying to ensure that they receive a good education, and he is working to complete his rental house in order to ensure their well-being.

He is well-organized and honors his commitments to his clients.
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Client de 54ans, marié, père de 6 enfants dont l’âge est compris entre 16 et 30 ans.
Après sa formation en coupe et couture sur patron, il a ouvert son atelier voila 20 ans avec un capital de 300.000 F.
C’est son 3em prêt et cela lui permet de renforcer, d’améliorer et de maintenir sa clientèle.
Avec ce prêt, il va acheter les rouleaux de tissus (gabardine, lin, tergals, velours, super 200, doublure, vaseline) file, aiguilles.
La seule difficulté reste le non retrait du vêtement finis et sa stratégie est de faire une maison de vente des costumes prêt-à-porter.
Quatre de ses enfants sont encore sur le banc de l’école, il se bat pour qu’il s suivent une bonne éducation scolaire et il se bat pour finir sa maison en location pour assurer leur bien être.
Il a un sens de l’organisation et respecte ses engagements vis-à-vis de ses clients.

Additional Information

More information about this loan


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.

About Congo (Rep.)

  • $6,600
    Average annual income
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,281,600
    Funds lent in using Kiva
  • 505.6
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Andre to buy rolls of Terylene fabric, wool, super 100, and sewing accessories.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2011
Listed
Jan 3, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012