Check out some available loans that are similar to this one!
La Delivrance 2 (#2) Group
In this Group: Rock , Ardeche, Daniel Aroh, Gaston Bervely , Marie, Elianne, Marina, Marie, Yero, Anne
Rock, age 32, is married with a 3-year-old child. He represents the La Delivrance 2 (#2) group. Rock owns a small car parts shop. He has been operating this business for over five years. He will use the loan to buy oil filters and other car parts the shop is low on. His business strategy is to regularly visit car garage shops to see if they are needing more supplies. He is proactive in selling his products and is willing to bring them to the garage.
This is Rock's first loan from Kiva' partner, HOPE Congo. His group and HOPE are confident he will repay the loan. He hopes to build a large car parts boutique in the future.

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
  • 519.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of La Delivrance 2 (#2) Group's $5,400 loan helped a member to pay for oil filters and other car parts.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 23, 2012
Sep 7, 2012
Currency Exchange Loss:
Jan 15, 2013