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Wendmalgkondo Group
In this Group: Josephine, Mariam, Elema, Fati, Habibou, Habibou, Alimata, Jeanne
Ms. JOSEPHINE is the representative of the group WENDMALGKONDO. Joséphine is doing well. She is married and the mother of seven women. The oldest is 35 years old, and the youngest is 19. Four of the children go to school. She has eight persons to support.

She has been selling beverages for five years. She is very happy to have the loan because she is improving her economic capacity. She gets her supplies from shops and markets. Her customers are friends, neighbors, and other town inhabitants.

She wants to buy a sack of sugar, a sack of milk, and 2 sacks of millet for making drinks, and some pouches for packaging.

With the profits, she wants to meet the needs of her family. Joséphine says 'thank you' to Micro Start and its Partners. Her ambition is to expand her business and open a grocery store selling drinks and dèguè (made with yoghurt and grains).
View original language description ↓
Mme JOSEPHINE est la représentante du groupe WENDMALGKONDO. Joséphine se porte bien. Elle est mariée et mère de 07 enfants. Le plus âgé a 35ans et le moins âgé a 19ans. 04 vont à l’école. Elle a 08 personnes en charge.

Elle vend du jus depuis 05ans. Elle est très contente d’avoir le prêt car elle améliore son pouvoir économique. Elle s’approvisionne dans les boutiques, les marchés .Ses clients sont les amis ; voisins et autres citadins.

Elle veut s’acheter 01 sac de sucre, 01 sac de lait et 02 sacs de mil pour la fabrication du jus et des sachets pour le conditionnement.

Avec ses bénéfices, elle veut subvenir aux besoins familials. Joséphine dit merci à Micro Start et ses Partenaires. Elle ambitionne agrandir son activité ; ouvrir une alimentation de vente de jus et de dèguè.

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
  • 5
    View loans »
    Burkina Faso Loans Fundraising
  • $1,720,575
    Funds lent in using Kiva
  • 531.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wendmalgkondo Group's $1,475 loan helped a member to buy a sack of sugar, a sack of milk, and 2 sacks of millet for making drinks and some pouches for packaging.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2012
Listed
Aug 15, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012