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Sylvie
Sylvie is a 42-year-old single mother of 2 children. One child is in high school and the other is in college. She provides and cares for her granddaughter as well. Sylvia has been operating her butcher shop for 1 year. She started selling yogurt in the market and has since expanded to selling meat. She will use the loan to buy fresh meat to stock her shop. She will buy fish, chicken and beef.
She has strategically placed her business in an area with no other butcher shops. Her meat products are in high demand. The lack of consistent electricity is a challenge to her business and she hopes to, one day, buy a generator to keep her coolers running.
Sylvie has received 3 previous loans from Kiva's partner, HOPE Congo. She has a very good repayment record. As her business continues to grow, she hopes to open another butcher shop in Brazzaville. She wants her children to continue their education and to be able to attend a university.

Additional Information

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
  • 498.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD