Check out some available loans that are similar to this one!
Amour Du Prochain 2 Group
In this Group: Guy, Rolande, Constance, Solange, Nee
Guy, age 37, is married with 2 children, ages 3 and 5. He also cares for his elderly mother. Guy is representing the Amour du Prochain 2 group. He sells sandals and bags in a local market in Brazzaville. He has had this business for 10 years. He has been able to acquire valuable customers over the years.

He will use the loan to buy more sandals and bags to sell. His business strategy is to reduce the price for new customers in order to gain their loyalty and favor. Guy has received 4 previous loans from Kiva's partner, HOPE Congo. He has a good repayment record. He wants to eventually own a large sandals boutique. He hopes that as his business grows he will be able to better provide for his family's needs.

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
  • 519.4
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Amour Du Prochain 2 Group's $5,800 loan helped a member to pay for sandals and bags.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 14, 2012
Jun 17, 2012
Currency Exchange Loss:
Jan 15, 2013