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Veenem Yangue Group
In this Group: Elise, Mariam, Mariam
Mme ELISE is the leader of the group called VEENEM YANGUE. She is married and the mother of three children. The oldest is 12 and the youngest two years old. Two of them attend school and she is responsible for four persons.

Elise has been selling lengths of African print cloth for seven years. She buys her wares at the big market in Ouagadougou. Her customers are men and women.

She wants to buy three dozen lengths of African print cloth.

Elise reinvests her savings in her business. Her ambition is to have a shop where she can sell her goods and to do more to help her family.
View original language description ↓
Mme ELISE est la responsable du groupe VEENEMYANGUE. Elle est mariée et mère de 03enfants. Le plus âgé a 12 ans et le moins âgé a 02ans. 02 vont à l’école et elle a 04 personnes en charge.

Mme vend des pagnes depuis 07ans. Elle s’approvisionne au grand marché de Ouagadougou. Ses clients sont les hommes, femmes.

Elle veut s’acheter 03 douzaines de pagnes.

Mme réinvestie ses économies dans son activité. Elle ambitionne avoir un lieu fixe pour faire son activité et pouvoir plus aider sa famille.

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
  • 8
    View loans »
    Burkina Faso Loans Fundraising
  • $1,415,225
    Funds lent in using Kiva
  • 523.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Veenem Yangue Group's $775 loan helped a member to buy three dozen lengths of African print cloth.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
May 30, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013