Therese, who has received and repaid three previous loans from HOPE Congo, Kiva's partner, is requesting a new one to buy more men's and women's clothing from a supplier. As her business continues to grow, she hopes to one day build a house for her family.
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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.
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Success!! The loan was 100% repaid