Adonaïm 2 Group
Update on Adonaïm 2 GroupZenabo is in charge of the Adonaïm 2 group. She is married and mother to two children, the eldest five years old and the youngest three years old. Neither of Zenabo's children attend school and she also has two other dependents.
She has been selling condiments for five years and gets her supplies at the Pissy market in town. Her customers are both men and women.
Zenabo wants to buy a sack of onions, a carton of tomato paste, a plate of fresh tomatoes, half a plate of parsley and celery, 2kg of garlic and a packet of Maggi stock cubes.
She takes care of her children with her profits and her ambition is to be able to educate her children and expand her business.
Elle vend des condiments depuis 5ans. Mme s’approvisionne au marché de pissy en ville. Ses clients sont les hommes et les femmes.
Mme veut s’acheter un sac d’oignon, un carton de patte de tomate, un plat de tomate fraiche, un demi plat de percile et de celerie, 2kg d’ail, un paquet de Maggi.
Elle prend soin de ses enfants avec ses bénéfices. Ses ambitions sont de scolariser ses enfants et d’agrandir son commerce.
Previous Loan DetailsMrs. Zenabo is manager of the ADONAIM 2 group. She is married and mother of 2 children. The oldest is 5 years old and the youngest is 3 years old. Neither attends school and she has two dependents. She has been selling condiments for 5 years. She stocks up at the Pissy market in town. Her… More from Adonaïm 2 Group's previous loan »
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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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
- Repayment Term
- 6 months (Additional Information)
- Repayment Schedule
- Oct 25, 2011
- Jan 1, 2012
- Currency Exchange Loss:
- Mar 16, 2012
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.