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Le Chandelier 1 Group
In this Group: Nathalie, Diane, Frida, Marie, Gerlind, Albain, Marielle
Nathalie, age 40, is single with three children, aged between 3 and 12 years old. All three children are currently attending school. She is representing the Le Chandelier 1 group. Nathalie primarily sells a variety of drinks, but she also has some beignets and small cakes for sale. She has had this business for four years. She will use the loan to buy imported boxed wine. Her business strategy is to provide great customer service to her clients. She also doesn't let the merchandise get low. She keeps her shelves stocked with what her customers want.
This is Nathalie's first loan with HOPE Congo, Kiva's partner. HOPE and her group are confident she will be able to pay back the loan. She would like to open a bakery in the future. She hopes her children will finish school and be able to find fulfilling work.

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
  • 501.6
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Le Chandelier 1 Group's $3,350 loan helped a member to pay for imported boxed wine.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Feb 11, 2013
Mar 10, 2013
Currency Exchange Loss:
Jul 17, 2013