Check out some available loans that are similar to this one!
Bonne Semence 2 (1) Group
In this Group: Slim Holsen, Theodore, John Gerphael, Chico
Slim, age 43, is married with a 13-year-old son. His son is currently attending school. He is representing the Bonne Semence 2 (1) group. Slim has an electronics shop where he sells a variety of items. He has had this business for over 10 years and has gained a good understanding of electronics in this time. He will use the loan to buy cell phones, USB drives, and cameras to sell in his shop. His business strategy is to not only sell individual items, but to sell in bulk to some customers as well.

Slim has received five previous loans from Kiva's partner, HOPE Congo. He has a good repayment record. In the future, he would like to work in micro-finance and partner with HOPE. He sees what a difference these loans make in his community. He hopes his son will work in communications or electronics one day as well.

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
  • 497.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bonne Semence 2 (1) Group's $4,625 loan helped a member to pay for electronic devices, including cell phones, USB drives, and cameras.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 22, 2013
May 5, 2013
Currency Exchange Loss:
Nov 17, 2013