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L'oeil De Dieu (1) Group
In this Group: Mireille, Noelle, Tedylia, Claude, Sandrine, Félicité, Léontine, Sidonie, Marie, Judith
Mireille is one of the members of the group L’Oeil de Dieu (1). The group consists of 10 female micro-entrepreneurs from Brazzaville, Congo. Mireille is a single mother of two children, ages 12 and 23 years old. She is very excited to be receiving her first loan from HOPE Congo. She has had her business for around six years. Her business consists primarily of selling small pastries and local juices. With this next loan, she will be able to buy more of the ingredients she needs to make her juice and pastries. By buying in bulk, she will be able to reduce her prices, giving her a competitive advantage in her bustling market. With her future profits, Mireille hopes to be able to one day begin importing goods to further diversity her inventory and maybe one day build a house for her family. She thanks you all for your support!!!

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
  • 484.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of L'oeil De Dieu (1) Group's $4,250 loan helped a member to pay for ingredients to make pastries and local juice.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 7, 2013
Oct 24, 2013
Currency Exchange Loss:
Mar 17, 2014