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Souza
Souza, age 40, is married with 2 children who both attend school. She also cares and provides for 3 other family members who cannot support themselves. She has a shop in a local market where she sells bags and other women's items. She will use the loan to buy bags, purses, bras, and nail polish.

Souza has had this business for 25 years! She has been able to acquire many loyal customers and knows many people in the community.

Souza has received 3 previous loans from Kiva's partner, HOPE Congo. She has a very good repayment record. She hopes to one day build a free-standing boutique for her business. As her business continues to grow, Souza wants to help her children complete their education and hopefully study abroad.

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.

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.)

  • $2,250
    Average annual income
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,177,650
    Funds lent in using Kiva
  • 492.3
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Souza to pay for bags, bras, and nail polish to sell in her shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2012
Listed
Apr 9, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012