Volonte Divine (2) Group
Aime is married, with five children, whose ages range from two to 32 years old. Aime is very excited to be receiving his third loan from HOPE Congo S.A. after having successfully paid off his previous loans. He has had his business for around 12 years. He owns a butcher shop where he sells all types of meat, from beef to fish.
With this next loan, Aime will be able to buy more of each type of meat he sells. By buying in bulk, he will be able to sell his meat at a lower price than his competition.
Aime hopes to continue to grow and provide the freshest meat in his community! With future profits, he dreams of, one day, starting a large garden for his family as well as to provide better education for his children. He thanks you all for your support!!!
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.
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About Congo (Rep.)
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Success!! The loan was 100% repaid