Check out some available loans that are similar to this one!
White 2 (1) Group
In this Group: Jean, Rosalie , Audrey, Clodie , Carine , Alline, Antoinette, Bertille, Henriette, Christian, Jean, Henriette
Jean is an experienced father. With six children of his own, plus two nephews, Jean has his hands full. In order to support his family, Jean owns and runs a small butcher’s shop and a drink stand in Brazzaville, the Republic of Congo. Jean recently joined a community bank group called WHITE 2 (1) with HOPE Congo. As the leader of a subgroup of 11 other micro-entrepreneurs in Brazzaville, Jean would like to take out a small loan of 250,000 CFA to invest in his businesses.

With this money Jean will be able to purchase additional soda and juices, as well as various meats such as pork, beef and chicken. In the future, Jean hopes to branch out to other businesses such as building homes and selling manioc (a local Congolese food staple made from cassava root). He hopes that through creating a stable income, his family will continue to live well and that he will have something to leave his children.

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
  • 487.3
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of White 2 (1) Group's $6,375 loan helped a member to purchase additional soda and juices, as well as various meats such as pork, beef and chicken.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Jul 3, 2014
Aug 12, 2014
Currency Exchange Loss:
Nov 17, 2014