Update on Filwende GroupMadam T. Helene is the representative of the FILWENDE group as Madam Suzane is no longer part of the group. She is well but preferred to rest. T. Helene is married and mother to 2 children. The eldest is 10 years old and the youngest is 6 years old. Both go to school. She has 1 dependent.
She has been selling mangoes and tubers for 8 years. She gets her supplies in Bobo and Léo in Burkina. Her clients are women and she sells wholesale.
She wants to buy 25 cartons of mangoes.
Madam uses her profits to improve her business. She aspires to be able to help her husband for the well-being of her family.
Elle vend des mangues et tubercules depuis 08ans. Elle s’approvisionne à Bobo et Léo au BURKINA. Ses clients sont les femmes, elle vend en gros.
Elle veut s’acheter 25 cartons de mangues.
Mme utilise ses bénéfices pour améliorer son activité. Elle ambitionne pouvoir aider son mari pour le bien être de sa famille.
Previous Loan DetailsMme Suzanne is the representative of the group called FILWENDE. She is married and the mother of twin sons. They are four years old and don't go to school. Suzanne is responsible for two persons. She has been selling baskets for six months. She buys her wares at Banfora in BURKINA FASO. Her… More from Filwende Group's previous loan »
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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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.
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Success!! The loan was 100% repaid