Rapha (1) Group
Roll (pictured with his hand raised) is one of the members of this group. He earns an income through selling different kinds of beverages and has operated his business for about four years. He tells us that his biggest challenge is dealing with the heavy rains during the rainy season, as this discourages customers from coming to his store. He and his wife have a nine-month-old baby.
Roll is very excited to be receiving his sixth loan from HOPE Congo after having successfully paid off his previous loans. With this next loan, he will be able to buy more of each of the beverages that he sells so that he can further grow his inventory. By buying in bulk, he can get his merchandise at a discounted price from his supplier and increase his profit margins. He says that one of the keys to his success so far has been his practice of selling on credit, which has created great customer loyalty.
Roll hopes to continue to grow and diversify his store in the future. With his future profits, he dreams of opening a restaurant someday or even owning a taxi.
He thanks you all for your support!
More information about this loan
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
About Congo (Rep.)
0View loans »
Success!! The loan was 100% repaid