Ya Nere Group
Haoua has been selling pagnes (highly decorative and colourful West African fabric) for 10 years and she gets her supplies at the Sector 10 market in town. Her customers are both women and men.
Haoua would like to buy 15 pieces of pagnes. She uses her profits to contribute to her children´s educational expenses and to help her loved ones (sister, brother etc.). She would one day like to open a large shop selling pagnes.
Mme vend des pagnes depuis 10ans. Elle s’approvisionne au marché du secteur 10 en ville. Ses clients sont les femmes et hommes.
Mme veut s’acheter 15 pièces de pagnes.
Avec ses bénéfices, elle contribue à la scolarisation de ses enfants et aide ses proches (sœur, frère etc.). Mme ambitionne ouvrir un grand magasin de pagne.
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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Success!! The loan was 100% repaid