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Le Tresor 2 Group
In this Group: Ida, Audrey, Brice Pierrette, Thecle Aurore, Odile, Pauline
Ida is 50 years old and single with a 29-year-old child. For the past 10 years, she has sold clothing in a local market. Ida has gained valuable customers and her business strategy is to offer friendly and polite customer service. In Congo, used-clothing vendors buy large bales of clothing from a company that receives clothing from various places around the world. Ida sorts the clothes to sell. She has successfully repaid four previous loans from the Kiva partner HOPE Congo.

Ida is requesting a loan as a representative of the Le Tresor 2 group. She will use her portion of the loan to buy a large bale of used clothing. Ida wants to continue to improve her business and she hopes her child will be happy in life and find a job.

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
  • 482.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Le Tresor 2 Group's $2,700 loan helped a member to pay for a bale of used clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jan 23, 2013
Feb 2, 2013
Currency Exchange Loss:
Jun 17, 2013