Check out some available loans that are similar to this one!
La Foi Group
In this Group: Germaine, Ida, Jean-Pierre, Née, Juliette
Germaine, age 47, is a single mother of three children, ages 16 to 27 years old. All of her children are attending school currently. She also cares for her mother.

Germaine is representing the La Foi group. She owns a clothing boutique, a business she has operated for more than 20 years. She has gained valuable experience and many loyal customers over the years.

She will use her share of the loan to buy more clothes to stock her boutique. Her business strategy is to hold regular sales to attract customers to her store.

Germaine has received four previous loans from Kiva's partner, HOPE Congo. She has a good repayment record. She hopes to own a large boutique in Brazzaville 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
  • 535.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of La Foi Group's $4,675 loan helped a member to pay for more clothes to stock her boutique.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 19, 2012
Aug 7, 2012
Currency Exchange Loss:
Feb 15, 2013