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Dieu Merci 2 Group
In this Group: Aubierge, Perpetue, Mpolo, Eugenie, Elisabeth, Virginie
Aubierge, age 32, is married and has 4 children whose ages range from 2 months to 18 years old. She also cares for her elderly father. Aubierge is representing the Dieu Merci 2 group. She has operated a business selling clothing in a local market for 4 years. Aubierge will use the loan to buy bales of clothing from her supplier. In Congo, it is common to buy used clothing in large bales and then the vendor sorts and sells the clothing.

Aubierge has received 4 previous loans from Kiva's partner, HOPE Congo. She has a good repayment record. She hopes to be able to travel to China and buy merchandise for her business one day.

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 Dieu Merci 2 Group's $5,975 loan helped a member to pay for bales of clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2012
Listed
Jun 17, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013