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Bethanie (2) Group
In this Group: Taurichèles, Edwige, Eudoxie , Eugenie , Trudy , Nadege , Jean , Nathalie, Destin Giscard, Bernice
Taurchièles is a young entrepreneur in Brazzaville, Republic of Congo who has his own hot food stand grilling meat on command. Taurichèles recently joined the community bank group BETHANIE (2) and heads up a subgroup of nine other micro-entrepreneurs in Brazzaville. In order to help grow his business, Taurichèles would like to take out a small loan of 250,000 CFA with HOPE Congo. With this loan he will be able to purchase additional chicken and pork to grill.

One day Taurchièles hopes his small grilling business with become one of the most well-known in his district. He dreams of being able to support his family financially through his profits.

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
  • 491.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bethanie (2) Group's $5,100 loan helped a member to purchase additional chicken and pork to grill.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 7, 2014
Aug 22, 2014
Currency Exchange Loss:
Jan 17, 2015