Zoodnooma De Zongo Group
Mrs. PINGDWENDE SAFIATOU has been selling clothing and pomades for two years. She buys her merchandise at the market of sector 10. Her customers are new mothers, and generally men and women.
She wants to buy three dozen outfits for children, five pagnes and 20 boxes of various pomades. She plans to use her profits to improve her business and add to her savings. Her goal is to support her brothers’ education and help her father to build a house.
Mme vend des habits et pommades depuis 02ans. Elle s’approvisionne au marché du secteur 10. Ses clients sont les nouvelles mamans, les femmes et aussi les hommes.
Elle veut s’acheter 03 douzaines d’habits pour enfants, 05 pièces de pagnes et 20 boites de différentes pommades.
Mme veut avec ses bénéfices améliorer son activité et épargner. Elle ambitionne aider ses frères pour leur scolarité, aider son père à construire une maison.
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.
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
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Success!! The loan was 100% repaid