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Bethleem 2.2 Group
In this Group: Tatiana, Pauline, Ursula, Sorel, Maur, Anastasie, Mireille
Tatiana is one of the members of the BETHLEEM 2.2 group. She is the leader of a group consisting of six micro-entrepreneurs from Brazzaville, Congo. Tatiana is relatively new in her business, having worked for the last year and a half. She will use her loan to purchase used clothing, which she will then sell at the market. Tatiana would like to buy more packages of clothes to attract customers and increase her activity. In the future, she would like to have her own shop and sell African fabrics. She also wants to save more money to help 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.

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.

Tags

About Congo (Rep.)

  • $6,600
    Average annual income
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,281,600
    Funds lent in using Kiva
  • 476.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bethleem 2.2 Group's $3,675 loan helped a member to purchase packages of clothes for her clothing store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2013
Listed
Dec 15, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014