Salomon (2) Group
Now on her fifth loan cycle with HOPE Congo, Augustine wants to take out a loan of 250,000 Central African CFA franks to purchase additional flour and sugar for her cakes and expand to purchasing fish from Point Noir, a coastal city in the Republic of Congo. Augustine dreams of purchasing her own piece of land, where she could build a home for her family in the future.
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
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About Congo (Rep.)
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Success!! The loan was 100% repaid