Kintouadi 2 Group
He has a frozen foods shop in the market. He sells a variety of frozen foods, but will use this loan to buy more frozen chicken and fish. He has had this business for 12 years. His business strategy is to offer friendly, prompt, and consistent customer service to his clients. His business has gained a good reputation in his community.
Placide has received 1 previous loan from Kiva's partner, HOPE Congo. He has a good repayment record with HOPE. His goal is to eventually open a butcher shop in 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