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Sougrekonta 2 Group
In this Group: Rasmata, Awa, Safiata, Maimouna, Wendkouni
Mrs. RASMATA represents the SOUGREKONTA 2 group. She is doing well. She is a married mother of three children. The eldest is 33, and the youngest is 21. One attends school, and she is responsible for two people. Mrs. RASMATA has been selling pagnes (traditional brightly colored cloths), jewels, and ready-to-wear clothing for twenty years. She stocks up in Lomé, in the Ivory Coast, in Mali, and in Cotonou. Her clients are women and men. Mrs. RASMAT wants to buy ten dozen pieces of ready-to-wear clothing, five dozen pieces of jewels, and some pagnes. With her profits, she wants to save up. She aspires to improve her business and ensure her daughter’s education.
View original language description ↓
Mme RASMATA représente le groupe SOUGREKONTA 2. Elle se porte bien. Marié, elle est mère de 03enfants. Le plus âgé a 33ans et le moins âgé a 21ans. 01 va à l’école et elle à 02 personnes à sa charge.
Mme vend des pagnes, bijoux et prêt à porter depuis 20ans. Elle s’approvisionne à Lomé, en Côte d’Ivoire, au Mali et en Cotonou. Ses clients sont les femmes et hommes.
Mme veut s’acheter 10 douzaines de prêt à porter, 05 douzaine de bijoux et des pagnes.
Avec ses bénéfices, elle veut épargner. Mme ambitionne améliorer son activité et assurer l’éducation de sa fille.

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.

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
  • 0
    View loans »
    Burkina Faso Loans Fundraising
  • $1,294,100
    Funds lent in using Kiva
  • 505.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sougrekonta 2 Group's $2,250 loan helped a member to buy ten dozen pieces of ready-to-wear clothing, five dozen pieces of jewels, and some pagnes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013