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Wendzoodo Nooma Group
In this Group: Lamoussa, Laurentine, Emma

Update on Wendzoodo Nooma Group

Mrs. Lamoussa represents the WENDZOODO group. She and her family are getting along well. She is married and the mother of three children. The oldest is 35 years old and the youngest is 15. Two of them go to school, and she has three people in her care.
Mrs. Lamoussa has been selling shea butter for eight years. Her earlier loan went well. She gets her supplies in the provinces of Burkina. Her clients are soap makers.
Mrs. Lamoussa wants to buy 140 slabs of shea butter.
She wants to build up her business with her savings. Her goal is to have customers in the provinces who will buy her products.
View original language description ↓
Mme LAMOUSSA représente le groupe WENDZOODO. Elle se porte bien ainsi que toute sa famille. Mariée, elle est mère de 03 enfants. Le plus âgé a 35ans et le moins âgé a 15ans. 02 vont à l’école et elle a 03 personnes en charge.
Mme vent du beurre de karité depuis 08ans. Son ancien crédit s’est bien déroulé. Elle s’approvisionne dans les provinces du Burkina. Ses clients sont ceux qui fabriquent le savon .
Mme veut s’acheter 140 plats de beure de karité.
Mme veut renforcer son activité avec ses économies. Son ambition est d’avoir des clients dans les provinces qui vont acheter ses produits.

Previous Loan Details

Ms. LAMOUSSA is the official of the group WENDZOODO NOOMA. She is married and the mother of three children. The oldest is 35 years old, and the youngest is 15. Two of the children go to school. She has three persons to support. Ms. LAMOUSSA has been selling shea butter for eight years. She gets… More from Wendzoodo Nooma 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
  • 1
    View loans »
    Burkina Faso Loans Fundraising
  • $1,298,875
    Funds lent in using Kiva
  • 507.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wendzoodo Nooma Group's $1,050 loan helped a member to buy 140 slabs of shea butter.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Oct 29, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013