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Volonte Divine 3 (2) Group
In this Group: Joel, Edith, Carvalo, Marie
Joel, age 41, is married with four children, ages 4 to 19 years old. He has three children currently attending school. He is representing the Volonte Divine 3 (2) group. Joel has a hardware shop where he sells a variety of items. He has had this business for 20 years. He will use the loan to replenish his hardware merchandise, such as nails, screws, hammers, and hand saws. His business strategy is to be a good salesman. He has many years of experience and can offer his customers advice about their construction projects. He also tries to keep a large variety of merchandise stocked at all times.

Joel has received five previous loans from HOPE Congo, Kiva's partner. He has a good repayment record. He hopes to open a large hardware shop in the future.

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 Volonte Divine 3 (2) Group's $3,950 loan helped a member to pay for hardware store merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 13, 2013
Jul 9, 2013
Currency Exchange Loss:
Jan 17, 2014