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Ouindinmanegde Group
In this Group: Binta, Ami, Alimata, Manddebyinga, Mamouna, Ouindnemanegde, Zenabo

Update on Ouindinmanegde Group

Binta is the representative of the Ouindinmanegde group. She is married and the mother of three children, two of whom attend school. The oldest is 10 years old and the youngest is two, so she has three dependents. For the past three years, she has been selling kitchenware (cups, buckets, dishes, kettles, etc.). She buys her supplies at the sankariyaaré market in town. Her customers are both women and men.

She wants to buy one dozen kettles, one dozen cups, two barrels, and some buckets and bowls.

She is saving her profits to buy a motorcycle. She aims to open a large store.
View original language description ↓
Mme BINTA est la représentante du groupe OUINDINMANEGDE. Elle est mariée et mère de 03 enfants. Le plus âgé a 10ans et le moins âgé a 02ans.02 vont à l’école. Elle a 03 personnes en charge.

Elle vend des plats en plastique (gobelets, sceaux, plats, bouillards etc.) depuis 03ans. Elle s’approvisionne au marché de sankariyaaré en ville .Ses clients sont les femmes et les hommes.

Elle veut s’acheter 01 douzaine de bouillard, 01 douzaine de gobelets, 02 fûts, des sceaux et des bols.

Elle épargne ses bénéfices pour s’acheter un motocycle. Elle ambitionne ouvrir une grande boutique.

Previous Loan Details

Mrs. BINTA is the representative of the Ouindinmanegde group. She is married with three children, of whom two attend school. The oldest is 10 years old and the youngest is one year and nine months, so she has three dependents. For the past three years, she has been selling kitchenware (cups, b... More from Ouindinmanegde 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
  • 23
    View loans »
    Burkina Faso Loans Fundraising
  • $1,440,925
    Funds lent in using Kiva
  • 492.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ouindinmanegde Group's $1,025 loan helped a member to purchase 1 dozen kettles, 1 dozen cups, 2 barrels, some buckets and bowls.
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:
Aug 15, 2012
This photo was used before for a previous loan for Ouindinmanegde Group. It was first posted on Kiva on Jan, 2012. Learn More