Check out some available loans that are similar to this one!
Divinite (1) Group
In this Group: Bernice, Audrey Flora, Gustavine, Carderolle, Aude Carine, Rita, Georgine, Margueritte, Huberte , Rolande Emeline, Stephanie, Gisèle
Bernice is the mother of two children, ages seven and five years old, and she owns a small stand selling food, fruits and vegetables. Price fluctuations in the markets of Brazzaville, Republic of Congo, where Bernice lives, are a common problem. Bernice hopes to combat these challenges by reinforcing her stock, purchasing water and juice in bulk, containers of oil and dried fish.

In order to do this, Bernice wants to take out a loan of 400,000 CFA ($800) from HOPE Congo. She is a member of the community bank group called DIVINITE (1) at HOPE Congo and helps lead a smaller group of 11 other micro-entrepreneurs.

In the future, Bernice hopes to move on from her small shop to sell food goods in bulk, open a butcher’s shop and even dreams of expanding to open a drink stand and perfume shop. Through improving and expanding her business, Bernice hopes to have enough money to buy her own piece of land on which to build her family a home and even purchase a car.

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
  • 474.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Divinite (1) Group's $7,325 loan helped a member to purchase water and juice in bulk, containers of oil and dried fish to sell at her stall.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Apr 2, 2014
Apr 29, 2014
Currency Exchange Loss:
Aug 17, 2014