Mrs. Sakinatou has been selling “garie” (manioc/cassava flour), charcoal, yams and pineapples for two years. She stocks up in Lomé, in Cotonou and in Ghana. Her customers are women as she deals with female wholesalers.
She would like to buy three bags of “garie” and two bags of charcoal. She would like to save her revenues and improve her business. Her goal is to become a wholesaler and to help her husband provide for the family.
Mme vend du garie (farine de manioc), du charbon de bois, des ignames et de l’ananas depuis 02 ans. Elle s’approvisionne à Lomé, à Cotonou et au Ghana. Ses clients sont les femmes car elle revend avec les femmes grossistes.
Elle veut s’acheter 03 sacs de garie et 02 sacs de charbon.
Elle veut épargner ses bénéfices et améliorer son activité. Mme ambitionne devenir grossiste et aider son mari pour les charge de la famille.
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.
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
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Success!! The loan was 100% repaid