Check out some available loans that are similar to this one!
God Bless 3 Group
In this Group: Carmella, Christ Lionel, Charlotte, Benoit, Roland, Odile Ines, Felicite, Steve Guy
Carmella, aged 36, is single with an 18 year old daughter. Her daughter is attending school. She represents the God Bless 3 group.

Carmella sells fresh foods in a local market. She has had this business for three years. She will use the loan to buy fish and apples to sell. Her business strategy is to call her returning customers, ask what they need, and continue to check in periodically.

Carmella has received two previous loans from Kiva's partner, HOPE Congo. She has a good repayment record. She wants to improve her business in the future.

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
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,244,275
    Funds lent in using Kiva
  • 510.6
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD