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L,entente Group
In this Group: Agnes, Juliette

Update on L,entente Group

Mrs. AGNES represents the L’ENTENTE group. She is doing well. She is a married mother of two children. The eldest is 12 years old, and the youngest is 2. One goes to school and she has two other people for whom she is responsible. Mrs. AGNES has been selling disposable diapers, jewels, and pagnes (traditional brightly colored cloths) for a year. She stocks up in Ghana. Her clients are shopkeepers and male and female resellers. Mrs. AGNES wants to buy 6 packets of diapers, 30 jewels, and 20 pieces of pagne. With her profits, she wants to improve her business and save. Mrs. AGNES aspires to open a large shop and to take care of her children and brothers.
View original language description ↓
Mme AGNES représente le groupe L’ENTENTE. Elle se porte bien. Marié, elle est mère de 02 enfants. Le plus âgé a 12ans et le moins âgé a 02ans. 01 va à l’école et elle à 02 personnes à sa charge.
Mme vend des couches jetables, bijoux et pagnes depuis 01an. Elle s’approvisionne au Ghana. Ses clients sont les boutiquiers, femmes et hommes revendeurs.
Mme veut s’acheter 06paquets de couches, 30pièces de bijoux et 20complets pagnes.
Avec ses bénéfices, elle veut améliorer son activité et épargner. Mme ambitionne ouvrir une grande boutique et s’occuper de ses enfants et de ses frères.

Previous Loan Details

Agnes is the representative of the L’Entente group. She is married and has two children. Her oldest child is 12 and the youngest is 2 years of age. One of her children goes to school, and she has one person under her care. Agnes has sold disposable diapers and jewelry for one year. She gets he... More from L,entente 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

  • $1,500
    Average annual income
  • 13
    View loans »
    Burkina Faso Loans Fundraising
  • $1,759,275
    Funds lent in using Kiva
  • 505.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of L,entente Group's $550 loan helped a member to buy 6 packets of diapers, 30 jewels, and 20 pieces of pagne.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013