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L'excellence 1 Group
In this Group: Chanie, Pauline, Claude Delphina, Estelle Hardy, Monique, Bernard , Sidonie
Chanie, age 36, is married with 3 children, ages 9 to 15. All 3 of her kids are attending school. She is representing the group L'excellence 1. Chanie has a grocery and butcher shop which she has been operating for three and a half years. She will use the loan to replenish her stock of groceries and meat to sell. Her business strategy is to decrease her prices below those of her competitors around her at the end of the day. Her customers know that if they come to her shop then, they will get the best deals.

Chanie has received 3 previous loans from Kiva partner HOPE Congo. She has a good repayment record. She wants to continue to expand her business and live a good life.

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
  • 497.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of L'excellence 1 Group's $5,425 loan helped a member to buy a variety of food and meat.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Apr 24, 2013
May 5, 2013
Currency Exchange Loss:
Sep 17, 2013