Check out some available loans that are similar to this one!
Basnewende Group
In this Group: Rasmata, Chantal, Kadidjatou, Mamouna, Marie, Zalissa

Update on Basnewende Group

Rasmata is the representative of the Basnewende group. She is married and mother to three children. The eldest is 14 years old and the youngest 4. Two of them go to school. She has three dependents.

She has been selling vegetables (cabbages and tomatoes) for the past 14 years and gets her supplies in Boussé, Péla and Yako in Burkina. Her customers are women.

She would like to buy two sacks of cabbages and two crates of tomatoes and other condiments.

She uses her profits to improve her family's living conditions. Her ambition is to save up to buy a motorbike to make moving around easier, and also to expand her business.
View original language description ↓
Mme RASMATA est la représentante du groupe BASNEWENDE. Elle est mariée et mère de 03enfants. Le plus âgé a 14ans et le moins âgé a 04ans. Les 02 vont à l’école. Elle a 03 personnes en charge.

Elle vend des légumes (choux, tomate) depuis14ans. Elle s’approvisionne à Boussé, Péla et Yako au BURKINA. Ses clients sont les femmes.

Elle veut s’acheter 02 sacs de choux et 02 caisses de tomate et d’autres condiments.

Elle utilise ses bénéfices pour améliorer les conditions de vie de sa famille. Elle ambitionne épargner pour s’acheter une moto afin de faciliter ses déplacements et d’agrandir son commerce.

Previous Loan Details

Mrs. RASMATA is the representative of BASNEWENDE Group. She's married and the mother of three children, age 3 to 13. Two of them attend school. She has three persons to support. She's been selling vegetables (cabbages, tomatoes) for fourteen years. She gets her supplies in Boussé, Péla and Yako,… More from Basnewende 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
  • 1
    View loans »
    Burkina Faso Loans Fundraising
  • $1,303,825
    Funds lent in using Kiva
  • 492.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Basnewende Group's $775 loan helped a member to buy two sacks of cabbages and two crates of tomatoes plus other condiments.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2012
Listed
Apr 1, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 26, 2012
This photo was used before for a previous loan for Basnewende Group. It was first posted on Kiva on Jan, 2012. Learn More