Check out some available loans that are similar to this one!
Nelly Edwige

Update on Nelly Edwige

The client is 29 years old, married and the mother of one child. She has been selling women's sandals for nearly 12 years and has already benefited from one loan cycle.

She is currently one of the large suppliers of shoes at the market and she sells either wholesale or retail. Her sales have increased markedly and she has been able to save a lot of money and improve the living conditions of her household.

She will use the second loan to restock on sandals for men, women and children. A kind lady, her ambition is to become a wholesaler and, eventually, expand her business activities and open a hair salon.
Cliente de 29 ans, mariée et mère d'un enfant, elle est vendeuse des sandales des dames depuis bientôt 12 ans, ayant deja bénéficie d'un cycle de prêts .
elle est a l'heure actuelle parmi les grandes fournisseuses de chaussures dans le marche, elle fait la vente en gros et en détail, ses ventes ont entièrement augmentées, elle a épargne énormément et a améliorer les conditions de vie de son foyer.
Pour le second prêt, elle va renforcer la capacité de stock de ses sandales pour hommes, dames et enfants.
Tres gentille, elle a pour ambition d'être grossiste et a la longue ouvrir un salon de coiffure pour l'élargissement de ses activités

Previous Loan Details

This client is 29 years old and married with one child. She has been a sandal saleswoman for 12 years at a local market. Her daily sales are considerable; she makes on average 25 000 to 50 000 F CFA per day. Upon assignment of her credit; she will increase her stock by purchasing: ladies, me... More from Nelly Edwige's previous loan »

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.

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.)

  • $2,250
    Average annual income
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,229,225
    Funds lent in using Kiva
  • 497.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Nelly Edwige to restock on sandals for men, women and children.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2012
Listed
Feb 3, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012
This photo was used before for a previous loan for Nelly Edwige. It was first posted on Kiva on Oct, 2011. Learn More