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Wendnakonlaafi Group
In this Group: Aissata, Salmata, Mohamaed Shani
Ms. AISSATA is the representative of the group WEND NA KOND LAAFI. She is married and the mother of three children. The oldest is 12 years old, and the youngest is 6. All three of them go to school. She has five persons to support.

Ms. AISSATA is a restauranteur selling dèguè [a porridge or dessert made with millet]. She gets her supplies at the Song-Naaba market. Her customers are her friends, neighbors, and others.

She wants to buy 3 sacks of millet and a sack of sugar. She uses her profits for investing, savings, and helping with her children's education. Her ambition is to expand her business and to open a shop selling dèguè .
View original language description ↓
Mme AISSATA est la représentante du groupe WEND NA KOND LAAFI. Elle est mariée et mère de trois (03) enfants. Le plus âgé a 12 ans et le moins âgé a 6 ans. Tous les trois (03) vont à l’école. Elle a cinq (05) personnes en charge.

Mme est restauratrice (vente de dèguè) depuis 05 ans. Elle s’approvisionne au marché de Song-naaba. Ses clients sont ses amis, voisins et autres.

Mme veut s’acheter trois (03) sacs de mil et un (01) sac de sucre.

Mme utilise ses bénéfices pour investir, épargner et contribuer à la scolarisation des enfants. Elle ambitionne agrandir son activité et ouvrir une boutique de vente de dèguè.

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.

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

  • $1,500
    Average annual income
  • 29
    View loans »
    Burkina Faso Loans Fundraising
  • $1,833,575
    Funds lent in using Kiva
  • 501.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wendnakonlaafi Group's $900 loan helped a member to buy 3 sacks of millet and a sack of sugar.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2012
Listed
Apr 15, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2012