Bangu Melissa has been a seamstress for 10 years. She gets her goods at a local fabric store. Her customers are people living in her area. She wants to buy 16 meters of fabric and five boards of buttons.
She wants to expand her business with her profits.
Bangu Melissa hopes to buy a car.
Mme fait la couture depuis 10 ans. Elle s’approvisionne à une boutique de vente de tissus. Ses clients sont les habitants de son arrondissement.
Elle veut s’acheter 16 mètres de tissus et 5 plaquettes de bouton.
Elle veut renforcer son activité avec ses bénéfices. Mme ambitionne s’acheter une voiture.
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