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Le Tresor (2) Group
In this Group: Cornelie, Victorien, Josephine, Lespine, Germaine, Nucia, Brice, Marie Thérèse, Marceline, Marie, Aline, Rontodi
Cornelie is one of the members of the group Le Tresor. She is the leader of a group consisting of eleven other micro-entrepreneurs from Brazzaville, Congo.

Cornelie is married with two children who go to school; she is in her fourth loan cycle with HOPE Congo.

She will use her loan to purchase chairs, a stock of drinks and storage crates which she will then use for her restaurant where she sells manioc and beverages for her clients.

Cornelie treats her clients with a high level of customer service to keep them coming back. Her goal is to expand her activities with HOPE Congo in the future, and hopes to one day to save enough to send her son abroad to travel outside of Congo.

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
  • 476.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Le Tresor (2) Group's $5,775 loan helped a member to purchase chairs, a stock of drinks and storage crates for the restaurant.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2013
Listed
Dec 21, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014