Madame Fatimata has been selling peanut butter and "zoom koom" (a drink made from millet and ginger) for three years. She gets her supplies in Goursi, a village in Burkina Faso, and her clients are her neighbors. She would like to buy nine bags of peanuts and one bag of millet.
With her profits, she would like to take care of her children. Her goals are to buy a machine to shell and grind the peanuts and to pay for her children's schooling, in order to make sure they have bright futures.
Mme vend de la patte d’arachide et du zoom koom (jus de petit mille) depuis 3 ans. Elle s’approvisionne à goursi un village du Burkina faso.ses clients sont ses voisins du quartier.
Elle veut s'acheter 9 sacs d’arachides et un sac de petit mil.
Avec ses bénéfices, elle veut s’occuper de ses enfants. Elle ambitionne s’acheter un machine à décortiquer et à écraser pour ses arachides et prendre en charge la scolarité de ses enfants afin de leur assurer un avenir radié.
About Micro Start/AFDThis loan is administered by Micro Start/AFD, Kiva’s first Field Partner in Burkina Faso. Micro Start/AFD’s mission is to improve families' living conditions in general, and those of women in particular, by facilitating access to financial and non-financial services.
Micro Start/AFD is a professional microfinance institution offering financial services, advice, and training. One of the organization’s principal aims is to collect obligatory and voluntary savings that foster clients’ financial independence. Micro Start/AFD also focuses on building female entrepreneurs’ skills in management and business administration and improving the living conditions in its clients’ communities. More information can be found on Micro Start’s Kiva Field Partner Page.
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 Burkina Faso
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Success!! The loan was 100% repaid