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Jehovah Jireh 2 Group
In this Group: Marie Louise, Solange Christine, Charlotte
Marie is 53 and single with four children, ages 18 to 33 years old. Her youngest is currently attending school. For the past 10 years, Marie has sold a variety of products at a stand at the market. Her business strategy is to allow loyal and trustworthy customers to buy her merchandise on credit. This helps attracts new customers and keep older customers coming back to her business. Marie has successfully repaid five previous loans from the Kiva partner HOPE Congo.

Marie is requesting a loan as a representative of the Jehovah Jireh 2 group. She will use her portion of the loan to buy food products, such as oil, rice, and sugar, as well as hair styling products. In the future, Marie hopes to be able to have a large grocery store one day in its own building.

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
  • 2
    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 Jehovah Jireh 2 Group's $4,375 loan helped a member to pay for food items and hair stying products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2013
Listed
Feb 2, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013