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Les Enfants Unis 2.2 Group
In this Group: Jean Aimé, Agathe, Laure, Prince, Estelle
Jean-Aime is one of the members of the group Les Enfants Unis 2.2. He is the leader of a group consisting of four other micro-entrepreneurs from Brazzaville, Congo. Jean-Aime manages two small boutiques as well as one taxi in town. Jean-Aime has been with HOPE Congo for five loan cycles having started in 2010. With this loan he will increase the stock of his shop with important items like water and soap for his clients. One day Jean-Aime dreams to open even more shops in Brazzaville and to invest in real-estate or a house. Ultimately, Jean-Aime is driven by his will to provide a way out of poverty for himself and his extended 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.)

  • $2,250
    Average annual income
  • 0
    View loans »
    Congo (Rep.) Loans Fundraising
  • $2,220,925
    Funds lent in using Kiva
  • 479.3
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Les Enfants Unis 2.2 Group's $7,100 loan helped a member to purchase personal products, such as soap, for his store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2014
Listed
Jan 27, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014