Funded

Total loan: $3,525
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Bolingo 2 (#1) Group

Congo (Rep.)
Brazzaville, Congo (Rep.) / Mobile Phones

A loan of $3,525 helped a member to buy additional phone cards to sell.


Bolingo 2 (#1) Group's story

Godefroid, age 39, is married with four children. His youngest child is two years old and his oldest is 18 years old. He has a business selling phone cards. Cell phone contracts are rare in Congo. Most people buy their phone from a local provider, and then purchase minutes to put on their phone as needed. A phone is "recharged" with minutes by buying a phone card from a vendor and typing the code into the phone. Godefroid will use the loan to buy more phones cards from the local cell phone providers. He has had this successful business for five years. His strategy is to sell his cards in busy, crowded, and high traffic areas.

Godefroid has received three previous loans from Kiva's partner, HOPE Congo. He has a very good repayment record. He would like to build a permanent shop for his business one day. He uses the profits from his business to keep his children in school. He hopes they will continue in their education and become successful adults.

In this group: Godefroid, Eugenie, Ngongo Judith, Guy Celestin, Sebastien, Matymbou Dorian
*not pictured



Loan details

Loan length:

5 months
Disbursed date: April 2, 2012
Facilitated by Field Partner: HOPE Congo S.A., a HOPE International institution

Lenders and lending teams



Loan details

Loan length:

5 months
Disbursed date: April 2, 2012
Facilitated by Field Partner: HOPE Congo S.A., a HOPE International institution