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Gilberte
Gilberte is a 42-year-old married woman, and has three children who are all at school. She lives in the town of Ouagadougou, where she works selling women’s clothing and beauty products. She sells these items in a store she opened eight months ago. Gilberte has faced her financial difficulties by selling energy products in her store to meet the needs of her customers. She started this business two years ago, before opening her store.

This loan will allow Gilberte to buy a supply of 10 gas stoves, 26 energy-efficient metal stoves, and three solar lamps, which she will resell to improve her income. She plans to use this income to expand her business, as well as to help her husband to pay for her three children’s education.
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Gilberte est une femme mariée de 42 ans et mère de trois enfants qui vont tous à l’école. Habitant en la ville de Ouagadougou, elle y exerce une activité de vente de produits de beauté féminins et des tenues de femme. En plus de ces articles qu’elle vend dans sa boutique ouverte il y a 8 mois, Gilberte est confrontée à des difficultés financières pour associer la vente de produits énergétiques au niveau de sa boutique pour satisfaire les besoins de ses clients. Ce commerce, elle l’avait débuté il y a deux ans avant d’ouvrir sa boutique.

Le présent prêt lui permettra ainsi de s’approvisionner en 10 foyers à gaz, 26 foyers métalliques améliorés et et 3 lampes solaires qu’elle va revendre afin d’améliorer ses revenus. Elle entend utiliser ces revenus pour accroître son activité et aider son mari à investir dans les études de ses trois enfants.

Additional Information

More information about this loan

This loan will help EdM provide energy-efficient wood or coal-burning stoves and gas stoves to retailers. EdM uses loaned funds to purchase stoves from local producers, then supplies the stoves to retailers on credit. Retailers, who typically own pre-existing small businesses and wish to add stoves to their inventories, are responsible for repaying the cost of the stoves to EdM in installments over the course of the loan term. These stoves help end users reduce their fuel expenses and avoid health complications caused by cooking over open fires. Since EdM pays the cost of transporting stoves from producers to retailers, and provides marketing support in the form of promotional posters and awareness-raising events, the organization adds a margin of between 4 and 7.5% to the cost the retailers pay for the stoves in order to make the project self-sufficient. 

About Entrepreneurs du Monde (EdM)

Kiva provides an important source of flexible, risk-tolerant working capital for social businesses in EDM’s network so that they can import and stock clean energy products to meet customer demand and positively impact health and the environment in impoverished communities around the world.

About Burkina Faso

  • $1,284
    Average annual income
  • 4
    View loans »
    Burkina Faso Loans Fundraising
  • $1,522,100
    Funds lent in using Kiva
  • 533.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Gilberte to buy 10 gas stoves, 26 energy-efficient metal stoves, and three solar lamps for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 5, 2012