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Les Elites 2 Group
In this Group: Valentine, Nicolas, Nadege Patricia, Issa
Valentine, age 50, is married with 3 children, ages 8 to 13 years old. All of her children are currently attending school. She is representing the Les Elites 2 group. Valentine has a stall where she sells a variety of food. She has had this business for over 20 years. She will use the loan to buy sardines, salt, beans, and salted fish. Valentine has gained valuable experience over the years and has developed a good reputation in the community.
She has received 2 previous loans from HOPE Congo, Kiva's partner. She has a good repayment record. Her dream is to travel abroad one day and see other places around the world. She wants her children to be happy and successful in life.

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

Success!! The loan was 100% repaid

A portion of Les Elites 2 Group's $2,500 loan helped a member buy sardines, salt, beans, and salted fish for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2013
Listed
Mar 4, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013