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Kidzunu 2 (#1) Group
In this Group: Didier, Patrick, Chantale, Ferdinand Christian, Pascaline Eugenie
Didier, age 40, is married with 6 children, ages 2 to 22. 5 of his children currently attend school. Didier is representing the Kidzunu 2 (#1) group. He has a small grocery store and has been operating this business for 5 years. He will use the loan to buy milk, sugar, cookies, sardines, and soap. His business strategy is to use the loan to buy products in bulk and then sell them individually. He is able to make a larger profit this way.
Didier has received 1 previous loan from HOPE Congo, Kiva's partner. He has a good repayment record. Didier plans to keep his children in school and hopes they become intelligent adults.

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
  • 510.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kidzunu 2 (#1) Group's $2,375 loan helped a member to pay for milk, cookies, sugar, sardine, and soap for his grocery store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Sep 12, 2012
Oct 15, 2012
Currency Exchange Loss:
Feb 15, 2013