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Prudence 2 Group
In this Group: Aimee Clarisse, Charlotte, Marie Anne, Alphonsine, Pierre, Walburge
Aimee, age 42, is married with 6 children, ages 4 to 22 years old. Four of her children are attending school. She is representing the Prudence 2 group. Aimee owns a butcher shop and small food stand. She has had this business for 10 years. She will use the loan to buy beef, tripe, chicken and fish for her butcher shop. Her business strategy is to open early in the morning when many people like to get out and do their shopping. She has received 1 previous loan from HOPE Congo, Kiva's partner. She has a good repayment record. She hopes to be able to travel abroad in the future. She wants her children to be happy in life.

Additional Information

More information about this loan


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.)

  • $2,250
    Average annual income
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,237,475
    Funds lent in using Kiva
  • 496.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Prudence 2 Group's $3,025 loan helped a member to pay for beef, tripe, chicken, and fish.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2013