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Ramongo Group
In this Group: Fatoumata, Rasmata, Kotime
Madame Fatoumata is the leader of the RAMONGO group. She is married and mother of three children. The oldest is 16 years old and the youngest is 4. Two go to school and she has five people in her care.

Madame has sold akieke (manioc couscous) for three years. She stocks up at the train station. Her customers are her friends and neighbors, men and women.

She wants to buy five bags of akieke.

Madame wants to save her profits. She aspires to open a large store for her business.
Mme FATOUMATA est la responsable du groupe RAMONGO. Elle est mariée et mère de 03 enfants. Le plus âgé a16ans et le moins âgé a 04ans.02 vont à l’école et elle a 5 personnes en charge.

Mme vend de l’atiéké (couscous de manioc) depuis 03ans. Elle s’approvisionne à la gare de train. Ses clients sont ses amis, voisins, hommes et femmes.

Elle veut s’acheter 05 sacs d’akiéké.

Mme veut épargner ses bénéfices. Elle ambitionne ouvrir un grand magasin pour son activité.

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
  • $1,400,150
    Funds lent in using Kiva
  • 517.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ramongo Group's $875 loan helped a member to buy five bags of akieke (manioc couscous).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 1, 2012
Listed
Jun 22, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013