She has been selling clothes in a local market for 17 years. She also makes baby clothes to sell. She wants to use the loan to buy a knitting machine to help her make baby clothes. Lysiane is a very hard worker and has 17 years experience with her business. She has a large customer base that she has gained over the years.
Lysiane has received 3 previous loans from Kiva's partner, HOPE Congo. She has a great repayment record with them. She wants to continue to grow her business and one day build a boutique to house her business. She is happy to receive these loans and wants to use the profits from her business to help her children succeed.
More information about this loan
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.
Please note that this Field Partner does not meet all of the minimum criteria for partnership with Kiva. HOPE Congo is a start-up MFI that is being fully backed by the HOPE International with an institutional guarantee. Because Kiva lenders are fully protected against institutional failure by the guarantee agreement, Kiva felt it was appropriate to override our minimum criteria in order to access this new market.
About Congo (Rep.)
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