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Wendtoin Group
In this Group: Asseto, Pascaline, Rasmata

Update on Wendtoin Group

Asseto is the Wendtoin group representative. She is married and now the mother of 5, as one of her children has passed away. The eldest child is 25 years old and the youngest, 6. Two of her children go to school and she has 5 dependents in her household.

Asseto has been selling fish and bread for 12 years. She gets her supplies at the Dassasgo market in the town's 28th district. Her customers are primarily students. She would like to buy one box of fish a day, and some bread. She would like to use her profits to strengthen her business. She also hopes to buy a motorbike, and has opened a savings account with that goal in mind.
Mme ASSETO représente le groupe WENDTOIN. Mariée, elle est mère de 05 enfants car un n’est plus. Le plus âgé a 25ans et le moins âgé a 06 ans. 02 vont à l’école et elle a 05 personnes en charge.

Mme vend du poisson et du pain depuis 12ans. Elle s’approvisionne au marché de Dassasgo au secteur 28 en ville. Ses clients sont partout surtout les élèves.

Elle veut s’acheter 01carton de poisson par jour et du pain.

Avec ses bénéfices, Elle veut renforcer son activité. Comme ambition, elle a ouvert un compte pour épargner afin de pouvoir s’acheter une moto.

Previous Loan Details

ASSETO is the group leader of the WENDTOIN group. She is married and the mother of 6 children. The eldest is 25 and the youngest 6 years old. 2 of her children go to school, and she has 6 dependents in her household. She has been selling fried fish for 12 years. She makes her purchases in the cit... More from Wendtoin 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

  • $1,500
    Average annual income
  • 13
    View loans »
    Burkina Faso Loans Fundraising
  • $1,759,275
    Funds lent in using Kiva
  • 502.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wendtoin Group's $1,000 loan helped a member to buy one box of fish a day, and some bread.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2012
Listed
Oct 25, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013
This photo was used before for a previous loan for Wendtoin Group. It was first posted on Kiva on Mar, 2012. Learn More