Update on Basnewende GroupRasmata 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.
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 DetailsMrs. 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 Yak... More from Basnewende Group's previous loan »
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.
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
About Burkina Faso
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Success!! The loan was 100% repaid
- Repayment Term
- 6 months (Additional Information)
- Repayment Schedule
- Mar 14, 2012
- Apr 1, 2012
- Currency Exchange Loss:
- Oct 26, 2012
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.