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Rakaye Group
In this Group: Fatimata, Kiswendsida L.claudine, Mayoure
Ms. Fatimata is the leader of the "Rakaye" group. She is the married mother of five children. The oldest is 18 and the youngest is 2 years old. Three of the children attend school, and Ms. Fatimata has six people in her care.

Ms. Fatimata has sold pagnes (brightly-printed West African clothing) and ready-to-wear outfits for 15 years. She gets her supplies at the market in sector 10. Her customers are men and women.

She wants to buy 10 sets of pagnes and two dozen ready-to-wear outfits.

With her profits, Ms. Fatimata would like to manage her family and reinvest in her business. Her ambition is to enroll her children in school and provide for them.
Mme FATIMATA est responsable du groupe RAKAYE. Elle est mariée et mère de 05 enfants. Le plus âgé a 18ans et le moins âgé a 02ans. 03 vont à l’école et elle a 06 personnes en charge.

Mme vend des pagnes et prêt à porter depuis 15ans. Elle s’approvisionne au marché de secteur 10. Ses clients sont hommes et femmes.

Elle veut s’acheter 10 pièces de pagnes et 02 dizaines de prêt à porter.

Mme veut avec ses bénéfices gérer sa famille et réinvestir dans son activité. Elle ambitionne inscrire ses enfants à l’école et subvenir à leur besoins.

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

  • $1,500
    Average annual income
  • 17
    View loans »
    Burkina Faso Loans Fundraising
  • $1,814,625
    Funds lent in using Kiva
  • 534.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Rakaye Group's $850 loan helped a member to buy 10 sets of pagnes (a type of brightly-printed West African clothing) and two dozen ready-to-wear outfits.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2012
Listed
Jul 13, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013