Abondance 1 Group
Rodolphe is representing the Abondance 1 group. He owns and operates a small shop where he sells various food and drink items. He has had this business for three years.
He plans to use the loan to buy imported drinks in bulk. The loan allows him to buy his merchandise in bulk, and because of this he receives a lower cost per item. His business strategy is to open very early and close very late.
Rodolphe has received one previous loan from HOPE Congo, Kiva’s partner. He has a good repayment record.
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
About Congo (Rep.)
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Success!! The loan was 100% repaid