Le Chandelier 3 Group
Reine has a small grocery shop and has been operating it for four years. He will use the loan to buy wine, cookies, candy, and other food products for his shop. His business strategy is to allow returning customers to buy merchandise on credit.
This is Reine's first loan from Kiva's partner, HOPE Congo S.A. HOPE Congo S.A. and his group are confident he will repay the loan. Reine wants to continue to expand his business and become a successful businessman.
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
About Congo (Rep.)
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Success!! The loan was 100% repaid