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Bethleem 2 (#1) Group
In this Group: Eva, Ines, Elisabeth, Germyne Grace, Elyse
Eva, age 39, is a single mother with three kids who are all currently attending school. She also cares for her mother. She is representing the Bethleem 2 (#1) group. Eva sells sandals, large cooking pots, and clothing in a local market in Brazzaville. She has been operating this business for seven years. She will use the loan to buy a large bail of used clothing and to replenish her stock of sandals. Eva’s business strategy is to offer competitive prices and be willing to bargain with customers to find a fair price.
Eva has received one previous loan from Kiva’s partner, HOPE Congo. She did well on her first loan. She would like to travel abroad one day to buy merchandise for her business. She hopes to buy a parcel of land and build a house for her family.

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
  • 519.4
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bethleem 2 (#1) Group's $2,225 loan helped a member to pay for a large bail of used clothing and sandals.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2012
Listed
Jun 17, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012