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Tout Va Bien 1 Group
In this Group: Dieudonne, Audrey, Leocadie, Daria, Albertine, Charlyne, Natacha, Victorine, Diane, Nuptia, Laure
Dieudonne, age 46, is single with three children, aged 9 to 17 years old. All of his children are attending school. He is representing the Tout Va Bien 1 group. Dieudonne sells phone cards and credit in the market. He has had this business for two years. He has also recently started a small food stall where he sells a variety of snack foods. He will use the loan to buy more phone cards and credit as well as two new cell phones. He uses these cell phones to transfer phone minutes electronically to his customers. His business strategy is to have a large sign on a busy avenue that publicizes his business.

Dieudonne has received two previous loans from HOPE Congo, Kiva's partner. He has a good repayment record. He hopes to become a supplier of phone cards, where he sells them in bulk to vendors.

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
  • 4
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,265,350
    Funds lent in using Kiva
  • 503.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tout Va Bien 1 Group's $5,775 loan helped a member to pay for phone cards and credit and two new cell phones.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2013
Listed
May 31, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013