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Maalyir Group
In this Group: Aminata, Agueratou, Kadidiatou, Jeanne, Nangounourou Christine, Mariam

Update on Maalyir Group

Ms. AMINATA represents the group MAALYIR. She is doing well, as is her whole family. She is married and the mother of two children. The oldest is 22 years old, and the youngest is 17. One goes to school. Ms. AMINATA has two persons to support.

She has been selling yams, beignets, and cakes for eighteen years. Her former loan went well. She gets her supplies from the AN II district. Her customers are neighbors and area residents.

She wants to purchase 2 basins of yams per week and 2 sacks of beans in order to make beignets.

She wants to bolster her business with her savings. Her ambition remains the same, namely to purchase beans to stock up and to resell them in case of shortages. She intends on drawing from this stock to make her beignets.
View original language description ↓
Mme AMINATA représente le groupe MAALYIR. Elle se porte bien ainsi que toute sa famille. Mariée, elle est mère de 02enfants. Le plus âgé a 22ans et le moins âgé a 17ans. 01 va à l’école et elle a 02personnes en charge.

Mme vend des ignames, des beignets et des gâteaux depuis 18ans. Son ancien crédit s’est bien déroulé. Elle s’approvisionne à la cité AN II. Ses clients sont les voisins et les habitants du quartier.

Mme veut s’acheter de 02calebassés d’ignames par semaine et 02sacs haricot pour préparer les beignets.

Mme veut renforcer son activité avec ses économies. Son ambition reste le même à savoir: acheter les haricots pour stocker et revendre en cas de soudure. Elle compte puiser dans ce stock pour faire ses beignets.

Previous Loan Details

Ms. Aminata is the leader of the Maalyir group. She is a married mother of two children. The older child is 21 years old and the younger is 16. One of her children attends school. She has two people in her care. Ms. Aminata has prepared and sold yams, fritters, and cakes for 18 years. She gets… More from Maalyir Group's previous loan »

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.

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.

About Burkina Faso

  • $1,284
    Average annual income
  • 0
    View loans »
    Burkina Faso Loans Fundraising
  • $1,298,875
    Funds lent in using Kiva
  • 505.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Maalyir Group's $2,375 loan helped a member to purchase yams and beans and to make fritters.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2012
Listed
Sep 23, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013
This photo was used before for a previous loan for Maalyir Group. It was first posted on Kiva on Mar, 2012. Learn More