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Habacuc Group
In this Group: Madeleine Aida, Delphine, Roukiatou
Madeleine Aida is the representative of the HABACUC group. She is married and mother of four children. Her eldest child is 28 years old, and her youngest child is 12. Among her children, two of them go to school. She has five people living in her care.

She has been selling pagnes (colorful African wax cloth) for two years now. She stocks up at the market of the 10th sector of Ouagodougou. Her customers are from the neighborhood.

She wants to buy ten pagnes.

She uses her profits to strengthen her business. She is striving to become a wholesaler.
View original language description ↓
Mme MADELEINE AIDA est la représentante du groupe HABACUC. Elle est mariée et mère de quatre(04) enfants. Le plus âgé a 28 ans et le moins âgé a 12 ans. Parmi ses enfants deux (02) vont à l’école. Elle a cinq (05) personnes en charge.

Mme est vendeuse de pagnes depuis 02 ans. Elle s’approvisionne au marché de secteur 10 de Ouagadougou. Ses clients sont dans le quartier.

Mme veut s’acheter 10 pièces de pagnes.

Mme utilise ses bénéfices pour renforcer son activité. Elle ambitionne devenir grossiste.

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

  • $1,284
    Average annual income
  • 0
    View loans »
    Burkina Faso Loans Fundraising
  • $1,504,100
    Funds lent in using Kiva
  • 496.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Habacuc Group's $925 loan helped a member to buy 10 pagnes (colorful African wax cloth).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2012
Listed
May 1, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012