Check out some available loans that are similar to this one!
Nakimbzanga Ii Group
In this Group: Mahamounin, Haoua, Aminata, Rasmata
Mrs. Mahamounin is the representative of the Nakimbzanga II group. She is married and the mother of two children, 11 and 5 years of age. Both children are in school. She has two dependents. For the last five years she has been selling soap and traditional colorful cloth. She stocks up at the Sector 10 market in the city. She sells to both women and men.

She would like to buy 12 sets of simple traditional “pagnes” cloth, five sets of damask-type “bazin” cloth and three boxes of soap.
Mrs. Mahamounin uses her revenues to take care of her family’s needs. Her goal is to open a store for selling traditional cloths at the market of "Pouissière yaar."
View original language description ↓
Mme MAHAMOUNIN est la représentante du groupe NAKIMBZANGA II. Elle est mariée et mère de 02 enfants. Le plus âgé a 11ans et le moins âgé a 05ans. 02 vont à l’école. Elle a 02 personnes en charge.

Elle vend du savon et des pagnes bazin depuis 05ans. Elle s’approvisionne au marché du secteur 10 en ville. Ses clients sont les femmes et les hommes.

Elle veut s’acheter 12 complets de pagnes simple, 05 pagnes bazin et 03 carton de savon.

Mme utilises ses bénéfices pour s’occuper de sa famille. Elle ambitionne ouvrir une boutique de vente de pagne au marché de ¨ poussière yaar ¨.

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

  • $1,500
    Average annual income
  • 12
    View loans »
    Burkina Faso Loans Fundraising
  • $1,759,225
    Funds lent in using Kiva
  • 499.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nakimbzanga Ii Group's $1,175 loan helped a member to buy 12 sets of simple traditional “pagnes” cloth, five sets of damask-type “bazin” cloth and three boxes of soap.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2012
Listed
Feb 20, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012