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Dieu Parmi Nous 1 Group
In this Group: Gordon, Diane, Nadia
Gordon, age 26, is married and has two children, ages 3 and 7 years. The oldest is going to school. Gordon is representing the Dieu Parmi Nous 1 Group.

He has a small hardware stand, and a cell phone card stand. He has been operating these two small businesses for 2.5 years. He will use his share of the loan to buy various hardware store items and prepaid phone cards. His business strategy is to give friendly and helpful customer service. This is Gordon's first loan with HOPE Congo, Kiva's partner. HOPE and his group are confident he will repay the loan. Gordon hopes to grow his businesses, through the loan.

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
  • 508.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Dieu Parmi Nous 1 Group's $1,475 loan helped a member to pay for hardware store merchandise and prepaid phone cards, which he will sell at his stands.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2013
Listed
Jul 9, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013