100%

funded

Total loan: $4,000

Mont Carmel (1) Group

Flag of Congo
Brazzaville, Brazzaville, Congo (Rep.) / Food

Mont Carmel (1) Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to purchase meat such as chicken, pork and beef for her shop.


Mont Carmel (1) Group's story

Looy is a young entrepreneur from Brazzaville, the Republic of Congo, who is full of creativity. A few years ago she had her own hair salon for women, but things were not going well. Not many clients came to her neighborhood for hairstyling and so she decided to start her own small grocery store out of her home last year. The mother of two young children, ages eight and 15 months, Looy has been looking for a way to expand her small shop from just dried and canned goods to having a small butcher shop as well. In order to bring about her plan, when Looy heard about HOPE Congo, she joined the community bank group MONT CARMEL (1). Leading up a subgroup of eleven other micro-entrepreneurs from Brazzaville, Looy plans to take out a loan of 250,000 CFA. With this small loan, Looy will be able to launch herself into her second activity: having a butcher shop. She will be able to purchase meats such as chicken, pork and beef to sell. Looy’s strategy to draw in clients is simple: smile and make them laugh! She likes to encourage her faithful clients by throwing in a gift every now and then to keep them coming back. In the future, Looy hopes to expand her business to the point of owning multiple stores that include butcher shops. She dreams of her children being able to keep moving forward, to be able to finish their studies and eventually travel outside of Congo-Brazzaville.