Update on Nahouri GroupWouwolo is the leader of the NAHOURI group. She is married and mother of six children. She is doing well. Wouwolo was able to buy her items as planned. Her eldest child is 37 years old, and her youngest child is 17 years old. One of her children goes to school, and she has three other children living in her care.
Wouwolo has been selling plastic items for five years now. She stocks up at the large market and at the market in Gounghin. Thanks to her loan, she was able to increase the quantity of her goods. Her customer base consists of both men and women (friends and neighbors).
She would like to buy half a dozen buckets, two dozen dishes, etc.
She wants to save the extra money that she earns and take care of her family. She plans to help her son in his studies (schooling).
Mme vend des objets plastiques depuis 05 ans. Elle s’approvisionne au grand marché et au marché de Gounghin. Gràce à son crédit, elle a pu augmenter la quantité de ses marchandises. Ses clients sont les hommes et femmes( amis et voisins).
Elle veut s’acheter ½ douzaine de seaux, 02 douzaines de plats, etc.
Avec ses économies, elle veut épargner et prendre soin de sa famille. Mme ambitionne aider son enfant dans ses études (scolarité).
Previous Loan DetailsMme Wouwolo is the Nahouri group leader. She is a married mother of 6 children, the eldest of whom is 37, and the youngest 17 years old. One of her children goes to school, and Mme Wouwolo has eight other children in her care. She has sold plastic implements for five years. She sources her g... More from Nahouri 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