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Simon
This borrower is a 44-year-old married father of five children, four of whom attend school. He ended his studies in high school and, not having enough financial support with the small amount of money he had from working several small jobs, he started a brickmaking business in 2005.
He buys cement and sand in sufficient quantity to make 500 bricks per day, and his customers are builders near his workplace. He earns 150,000 Frs. each week. He repaid his two previous loan cycles without difficulty and has built up considerable savings.

With this new loan, he is going to expand his stock by buying 2 tonnes of cement (each tonne consisting of twenty 50-kg sacks), 16 cubic metres of sand, and five brick molds. Currently, he has recruited two young workers who work with him and whom he pays at the end of each month.

His ambition is to become an entrepreneur and, as a good father and husband, he has finished building his family's house and takes good care of his children's education.

Client de 44 ans, marie et père de 5 enfants dont 4 sont scolarises, il arrête ses etudes en classe de seconde et n'ayant pas de soutien financier avec le peu d'argent qu'il avait en exerçant plusieurs petits métiers il monte une briquerie en 2005 .
Il achète du ciment et du sable et a une capacité de fabriquer 500 briques par jour et ses clients sont les gens qui construisent aux alentours de son unité de production.Il a des recettes de 150.000 frs par semaine.c'est un client qui a rembourse ses 2 cycles de prêts sans difficultés et a fait des épargnes considérables

Avec ce nouveau prêt, il va renforcer le stock en achetant des 2 tonnes de ciment soit 20 sacs de 50 kg par tonne, 16m3 de sable et 5 moules a briques.
A l'heure actuelle , il a recrute deux jeunes ouvriers qui travaillent avec lui qu'il paye a la fin de chaque mois.
Il a pour ambition de devenir un entrepreneur,et en tant que bon père de famille, il a fini la construction de sa maison familiale et s'occupe bien de la scolarité de ses enfants.

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.)

  • $2,250
    Average annual income
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,229,225
    Funds lent in using Kiva
  • 494.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Simon to buy 2 tonnes of cement bags, 16 cubic metres of sand, and brick molds.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2012
Listed
Feb 11, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012