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Bonheur 2 Group
In this Group: Gisele, Don Christian, Bertrand
Gisele, age 39, is married with five children, ages 7 to 19 years old. She has four children currently attending school. She also cares and provides for her husband's child. Gisele is representing the Bonheur 2 group. She has a drink depot where she sells a variety of soft drinks. She has had this business for two years. She will use the loan to buy more drinks to replenish her store. The majority of soft drinks in Congo are still sold in glass bottles. Customers bring their empty glass bottles to a vendor and buy full bottles. Her business strategy is to travel to her customers and pick up empty bottles and bring them full bottles.

Gisele has received four previous loans from HOPE Congo, Kiva's partner. She has a good repayment record. She wants to continue to grow her business. She hopes that all of her children will finish school.

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
  • 505.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD