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Nonghin Group
In this Group: Zoenabo, Natogoma, Asseta, Zarata

Update on Nonghin Group

Mrs. ZOENABO is the representative of Nonghin Group. She is married and the mother of three children. The oldest is 20 and the youngest is 8 years old. All attend school. She has four dependents. She has been selling pagnes (colorful tradtional cloth) for five years. The one who left is dressed in yellow and is in the corner of the photo. She gets her supplies at the Sector 10 market in town. Her customers are both women and men. She wants to have additional money to buy two bales of pagnes. With her savings, she contributes to the well-being of her family and helps in her children's schooling. Her goal is to open a large store that sells pagne.
View original language description ↓
Mme ZOENABO est la représentante du groupe Nonghin. Elle est mariée et mère de 03 enfants. Le plus âgé a 20ans et le moins âgé a 08ans. Tous vont à l’école. Elle a 04 personnes en charge.

Elle vend de pagnes depuis 05ans. Celle qui est sortie est habillé en jaune et se trouve dans le cliché à l'angle. Elle s’approvisionne au marché du secteur 10 en ville. Ses clients sont les femmes, hommes.

Elle veut ajouter de l’argent pour s’acheter 02 balles de pagnes.

Mme avec ses économies contribue à l’épanouissement de son foyer et aider à la scolarisation de ses enfants. Elle ambitionne ouvrir une grande boutique de pagnes.

Previous Loan Details

Mrs. ZOENABOU is the representative of Nonghin Group. She's married and the mother of three children. The oldest is 19, the youngest is 10. All three of them attend school. She has five persons to support. She's been selling pagnes (colorful African cloth) for five years. She gets her supplies... More from Nonghin Group's previous loan »

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.

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

  • $1,284
    Average annual income
  • 0
    View loans »
    Burkina Faso Loans Fundraising
  • $1,508,850
    Funds lent in using Kiva
  • 495.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nonghin Group's $1,425 loan helped a member to buy 2 bales of pagne (traditional cloth).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 3, 2012
Listed
Feb 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012
This photo was used before for a previous loan for Nonghin Group. It was first posted on Kiva on Oct, 2011. Learn More