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Le Bienfait Group
In this Group: Bibata, Diarra, Fatima
Mrs. Bibata is the representative of the group LE BIENFAIT. She is married with six children, the oldest of whom is 26 years old and the youngest 15. Two of the children go to school. She has four people under her care.

She manages a restaurant (selling meat-based soup, etc.). She also has been selling juices and ice for 10 years. She buys daily from the slaughterhouse in Ouagadougou and at the Gounghin yaar (market). Her customers are both women and men.

She wants to buy a cartload of firewood, 30 kg of meat for the soup and 30 loaves of bread she sells with the soup.

Mrs. Bibata is saving to expand her premises. She aims to open more outlets for her restaurant business and continue to provide schooling for her children.
View original language description ↓
Mme BIBATA est la représentante du groupe LE BIENFAIT .Elle est mariée et mère de 06 enfants. Le plus âgé a 26ans et le moins âgé a 15an. 02 vont à l’école. Elle a 04 personnes en charge.

Elle est gérante d’un restaurant (vend de la soupe de boilleau etc.) et vend des jus et de la glace depuis 10ans. Elle s’approvisionne à l’abattoir de Ouagadougou et au yaar de Gounghin. Elle s’approvisionne par jour. Ses clients sont les femmes et les hommes.

Elle veut s’acheter une charrette de bois de chauffe, 30kg de viande pour la soupe et 30 miches de pain qu’elle vend avec la soupe.

Mme économise pour agrandir son hangar. Elle ambitionne ouvrir d’autres points de vente pour sa restauration et continuer à assurer la scolarité de ses enfants.

Additional Information

About Micro Start/AFD

This 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

  • $1,284
    Average annual income
  • 8
    View loans »
    Burkina Faso Loans Fundraising
  • $1,415,225
    Funds lent in using Kiva
  • 469.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Le Bienfait Group's $975 loan helped a member buy a cartload of firewood, 30 kg of meat for the soup and 30 loaves of bread to be sold with the soup.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2011
Listed
Nov 3, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2012