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Philadelphia 3 Group
In this Group: Germain, Jean Claude, Albert , Aime Patrick, Mellis, Tyrell, Vangel
Germain, age 42, is married with two children, ages 3 and 10. They both currently attend school. Germaine is representing the Philadelphia 3 group.

Germain has a small soft drink shop, and has been operating for three years. He will use the loan to buy more drinks to sell. Soft drinks in Congo are still primarily sold in glass bottles; customers bring their empty bottles to a distributor and buy full bottles. Crates of these glass bottles can be very heavy.

His business strategy is to let people keep their empty bottles in the store, instead of having to carry them all back at one time. He also strives to give each customer friendly service.

This is Germain's first loan from Kiva's partner, HOPE Congo. HOPE and his group are confident he can repay the loan. Germain hopes his children continue in their studies, and become successful.

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.

Please note that this Field Partner does not meet all of the minimum criteria for partnership with Kiva. HOPE Congo is a start-up MFI that is being fully backed by the HOPE International with an institutional guarantee. Because Kiva lenders are fully protected against institutional failure by the guarantee agreement, Kiva felt it was appropriate to override our minimum criteria in order to access this new market.

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
  • $2,177,650
    Funds lent in using Kiva
  • 496.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Philadelphia 3 Group's $3,425 loan helped a member to pay for soft drinks to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 12, 2012
Jan 1, 2013
Currency Exchange Loss:
May 17, 2013