Emmanuel 02 Group
Mme Catherine has been selling African print cloth for five years. She buys her wares in the Secteur 10 market in town. Her clients are made up of both men and women. She wants to buy 10 lengths of African print cloth and 20 outfits for children.
She uses her profit to expand her business. Her ambition is to grow her business and ensure that she can pay her children's school fees.
Mme vend des pagnes depuis 05ans. Elle s’approvisionne au marché de secteur 10 en ville. Ses clients sont les femmes et hommes.
Mme veut s’acheter 10 complets pagnes et 20 complets habits pour enfants.
Elle utilise ses bénéfices pour renforcer son commerce. Mme ambitionne agrandir son commerce et assurer la scolarité de ses enfants.
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