A loan of $3,450 helped a member to pay for sandals to resell.


Sycomore 1 Group's story

Stephane, age 38, is married and has two children, ages 10 and 19. He also provides for his father. Stephane is representing the Sycomore 1 group. He sells sandals in a local market in Brazzaville. He has had this business for one year. He will use the loan to buy more sandals to sell. His business strategy is to keep his stand clean and the sandals organized. He also has competitive prices and is willing to negotiate with a customer to agree upon the best price. Stephane has received two previous loans from Kiva’s partner, HOPE Congo. He has a good repayment record. He hopes to continue to expand and become a large sandal business. He would like to travel abroad and buy sandals in order to obtain a better price and a wider variety of sandals. He wants to send his children abroad to study as well.

In this group: Stephane Armel, Florent Alberie, Chimene Eglantine, Theodorin Belverack, Rufin Parfait, Shelyc Orwell
*not pictured



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Loan details