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Amen 1 Group
In this Group: Françoise, Marie, Pierette, Rebecca, Lydia, Arnaud, Freddy, Chelie, Mariette, Adrillan Cleich
Francoise, age 59, is a widow with six children, ages 27 to 43 years old. She is representing the Amen 1 group.

Francoise bakes and sells beignets in a local market. She has been operating this business for over 20 years. She has gained a reputation in her community for selling tasty beignets. She will use the loan to buy ingredients for her beignets, including flour, sugar, and yeast.

Her business strategy is to offer good customer service to all customers. She is always friendly and helpful with her customers.

This is Francoise’s first loan with HOPE Congo, Kiva’s partner. Francoise and her group members trust she will use the loan well and repay it.

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
  • 521.4
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Amen 1 Group's $4,175 loan helped a member to buy ingredients for her beignets, including flour, sugar, and yeast.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 14, 2012
Sep 6, 2012
Currency Exchange Loss:
Jan 15, 2013