Cissin Wendteldo Group
Ms. Habibata is a weaver and has also been selling bagbenda (a traditional meal in Burkina Faso) for seven years. She gets her supplies at the market of Sector 10, at the Pissy market, and the Cissin market. Her customers are women, men, and her neighbors.
With the money granted to her, she wants to buy ½ kg of dye, a ball of yarn, and 25 kg of vegetables for making bagbenda. Her savings will serve to provide schooling for her children and to build a house in which to live. Her ambition is to ensure her children's future and to expand her business.
Elle est tisseuse et vend parallèlement du bagbenda (plat traditionnel du Burkina) depuis 07 ans. Mme s’approvisionne au marché du secteur 10,au marché de Pissy et au marché de Cissin. Ses clients sont les femmes, les hommes et ses voisins.
Avec l’argent octroyé, elle veut s’acheter 1/2 kg de teinture, 01balle de fils et 25 kg de légumes pour son bagbenda.
Ses économies vont servir à la scolarisation des ses enfants et à la construction d’une maison d’habitation. Elle a comme ambitions assurer l’avenir de ses enfants et agrandir son activité.
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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