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Femmes Vertueuses 2 Group
In this Group: Hortense, Franchelly, Odile, Sthela
Hortense is one of the members of the group Femmes Vertueuses 2 and is the leader of a group consisting of three other micro-entrepreneurs from Brazzaville, Congo. Hortense is not married and this is her fifth loan cycle with HOPE Congo. Hortense sells salted fish and other products to her customers and will use the loan to purchase fish in bulk as well as fabric which her clients can buy to make dresses. Like many merchants, she and her business were hit hard by the economic crisis, but she has overcome those difficulties by diversifying some of her activities. In the future, Hortense has plans to become a wholesaler of fish instead of a vendor. She hopes to one day purchase a parcel of land to build a home for her and her family.

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.

Please note that this Field Partner does not meet all of the minimum criteria for partnership with Kiva. HOPE Congo is a start-up MFI that is being fully backed by the HOPE International with an institutional guarantee. Because Kiva lenders are fully protected against institutional failure by the guarantee agreement, Kiva felt it was appropriate to override our minimum criteria in order to access this new market.

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.)

  • $2,250
    Average annual income
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,177,650
    Funds lent in using Kiva
  • 481.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Femmes Vertueuses 2 Group's $4,675 loan helped a member to purchase fish in bulk for her fish stand.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 13, 2013
Nov 30, 2013
Currency Exchange Loss:
Jun 17, 2014