He has been studying at ESTPO (Graduate School of Public Works of Ouagadougou) for almost four years. He is currently in the final class before obtaining a Master’s degree in technology.
Mr. MABOUDOU wants to finance his graduate studies. When he has completed them, he intends on working in a reputable local company for at least three years before getting married. In time, he plans to create his own business in the Public Works sector.
Il est étudiant en classe de Master II professionnelle à l’ESTPO (Ecole Supérieure des Travaux Public de Ouagadougou) depuis 04ans.
Mr veut financer ses études supérieures.
Il compte après ses études travailler dans une grande entreprise de la place pendant au moins trois ans avant de se marié. Avec le temps, il compte créer son propre entreprise dans le domaine de Génie Civil.
More information about this loan
This loan is part of Micro Start's higher education program, offering students tuition loans for two-year associates degrees and three-to-five-year bachelor's and graduate-level degrees. Micro Start is partnering with education institutions like the Ecole Superieure de Travaux Publics de Ouagadougou (ESTPO) to identify and provide financing to high-achieving, responsible students who lack the resources to pay for tuition up front. This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit. These loans have terms ranging from five to ten years and include an upfront fee of 2.5% and an annual interest rate of 5%. They are disbursed at the start of the school year and are repaid monthly with a grace period of two to three years. By supporting this loan, you are helping students with limited options to stay in school, and encouraging Micro Start to roll the program out to more institutions and support even more students.
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.
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This loan has been fully funded!