Check out some available loans that are similar to this one!
Colombe Group
In this Group: Jacques, Armand, Cynthia, Eugenie, Julienne, Claudia
Jacques, age 56, is married with five children. Four of his children are attending school. He operates a butcher shop in a local market in Brazzaville.

He has had this business for 21 years! He has gained many valuable customers and a lot of business experiences over the years. Jacques will use the loan to buy more fish, chicken, and beef to sell in his shop. When asked about difficulties he has with his business, Jacques responded that he needs larger loans. He is a very hard working ambitious entrepreneur!

Jacques has received three previous loans from Kiva's partner, HOPE Congo. He has a very good repayment record. He hopes to one day be able to travel outside of Brazzaville to buy meat. He wants his children to be successful and would like to see them work for HOPE Congo.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Congo (Rep.)

  • $6,600
    Average annual income
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,281,600
    Funds lent in using Kiva
  • 491.6
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Colombe Group's $6,125 loan helped a member to buy fish, chicken, and beef.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2012
Listed
Apr 11, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012