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L'aenir Group
In this Group: Aissatou, Boulguissa, Haoua

Update on L'aenir Group

Mme Aissatou represents the AENIR group. She is doing well, along with the rest of the group. Married, she is the mother of three children. The oldest is twelve years old and the youngest is five. All attend school and she has one other person in her care.

Mme Aissatou has sold beauty products and plastic objects and also worked as a hair stylist for ten years. She stocks up in the local markets. Her customers are women, men, and her circle of friends.

She would like to buy four dozen hair weaves, 40 pails, 30 basins, and three boxes of all sorts of pommade.

She wants to save her profits. Mme Aissatou aspires to improve her business, help her husband provide for her children's schooling, and buy herself a plot of land.
Mme AISSATOU représente le groupe L’AENIR. Elle se porte bien ainsi que tout le groupe. Mariée, elle est mère de 03 enfants. Le plus âgé a 12ans et le moins âgé a 05mois. Tous vont à l’école et elle a une (01) personne en charge.
Mme vend des produits de beauté, des objets plastiques et fait aussi la coiffure depuis 10ans. Elle s’approvisionne dans les marchés locaux. Ses clients sont les femmes, hommes et son entourage.
Elle veut s’acheter 04 douzaines de tissage, 40 seaux, 20 bassine et 03 carton de pommades toutes sortes.

Elle veut épargner ses bénéfices. Mme ambitionne améliorer son activité, aider son mari à assurer la scolarité de ses enfants et s’acheter une parcelle.

Previous Loan Details

Mrs. Aissatou is the head of the L’Aenir group. She is married and the mother of three children. The oldest is 12 years old, and the youngest five years old. All children are in school. She has one other dependent. Mrs. Aissatou has been selling beauty products and working as a hairdresser for… More from L'aenir 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
  • 513.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of L'aenir Group's $950 loan helped a member to buy four dozen hair weaves, 40 pails, 30 basins, and three boxes of all sorts of pommade.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013
This photo was used before for a previous loan for L'aenir Group. It was first posted on Kiva on Jul, 2012. Learn More