Dieu Pourvoira 2 Group
He will use the loan to buy various food products, including cans of sardines and rice. His business strategy is to be friendly and helpful to all of his customers. He believes good customer service is what brings clients back to his shop.
This is Chalvigny's first loan from Kiva's partner, HOPE Congo. HOPE and Chalvigny's group are confident in his ability to repay the loan. He hopes to continue his business far into the future.
More information about this loan
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.
Please note that this Field Partner does not meet all of the minimum criteria for partnership with Kiva. HOPE Congo is a start-up MFI that is being fully backed by the HOPE International with an institutional guarantee. Because Kiva lenders are fully protected against institutional failure by the guarantee agreement, Kiva felt it was appropriate to override our minimum criteria in order to access this new market.
This is a Group Loan
About Congo (Rep.)
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Success!! The loan was 100% repaid