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Dieu Merci 1 Group
In this Group: Virginie , Therese, Eugenie Adeline, Gislaine Laure, Eulalie
Virginie is 45 and single with two children, ages 18 and 19 years old. Both of her children are currently attending school. For the past 10 years, Virginie has sold a variety of food products at a stand at the local market. Her business strategy is to offer friendly customer service and give a small "cadeau," or gift, to returning customers. Virginie has successfully repaid five previous loans from the Kiva partner HOPE Congo.

Virginie is requesting a loan as a representative of the Dieu Merci 1 group. She will use her portion of the loan to buy foufou, bread, and canned goods to sell. Foufou is a white cornmeal-like food that is a staple in this region of the world. Virginie would like to continue to expand and open a second business in the future.

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 Dieu Merci 1 Group's $6,225 loan helped a member to pay for foufou, bread, and canned goods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 24, 2013
Feb 2, 2013
Currency Exchange Loss:
Aug 17, 2013