EVELINE has been a weaver for the past ten years. She also sells maize flour. She stocks up at the Pissy market. She sells to friends, neighbors etc.
EVELINE wants to buy 1/2 roll of weaving thread and one bag of flour. She uses her profits to invest, to put some money into savings, and to pay part of her children's school fees. Her ambition is to expand her activity and to open a pastry shop.
Mme est tisseuse depuis 10 ans et vend parallèlement de la farine de maïs. Elle s’approvisionne au marché de pissy. Ses clients sont ses amis, voisins et autres.
Mme veut s’acheter ½ rouleaux de fils de tisse et 01 sac de farine.
Mme utilise ses bénéfices pour investir, épargner et participer à la scolarisation des enfants. Elle ambitionne agrandir son activité et ouvrir une maison de vente de pâtisserie.
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