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Kiminu 2 (3) Group
In this Group: Flavienne Chanely, Germaine, Pernila Nicelte, Therese, Dienita , Josephine, Helene, Isidore, Dorlenne, Horphonsely
Flavienne, age 32, is married with 3 children, ages 1 to 18 years old. The oldest 2 kids are currently attending school. She is representing the Kiminu 2 (3) group. Flavienne has a small food stall where she sells a variety of food products. She has had this business for 3 years. She will use the loan to buy food, such as rice, in bulk from her supplier. Her business strategy is to sell her merchandise at competitive prices.

This is Flavienne's first loan from HOPE Congo, Kiva's partner. HOPE and her group are confident she will pay back the loan. She wants to continue to expand her business and begin offering more products.

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
  • 509.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kiminu 2 (3) Group's $5,700 loan helped a member to pay for food products in bulk.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Mar 11, 2013
Apr 4, 2013
Currency Exchange Loss:
Aug 17, 2013