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Bon Samaritain 2 (1) Group
In this Group: Alphonsine, Keliya, Agnes, Auguste, Raoul, Eugenie, Brunel, Antoinnette, Therese
Alphonsine, age 48, is a widow with five children, 16 to 35 years old. Her youngest is currently in school. She is representing the Bon Samaritain 2 (1) Group.

Alphonsine has a food stand and small butcher shop. She has been selling food items in the market for 25 years. She has many years of experience, and a strong presence in the market where she operates. She will use the loan to buy potatoes, onions, carrots, beef, and chicken. Her business strategy is to be open and friendly with her customers.

Alphonsine has received four previous loans from HOPE Congo, Kiva's partner. She has a good repayment record. She hopes to build a house for herself and her kids, with the profits from her business.

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.

Tags

About Congo (Rep.)

  • $2,250
    Average annual income
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,265,350
    Funds lent in using Kiva
  • 508.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bon Samaritain 2 (1) Group's $4,925 loan helped a member to pay for potatoes, onions, carrots, beef, and chicken, to resell at her market stand.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2013
Listed
Jul 9, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013