Awa Sophie is a caterer and has also been selling soap for 16 years. She gets her supplies in the surrounding markets. Her customers are the neighbors and organizers of ceremonies (as she is recommended for preparations at the time of ceremonies).
Awa Sophie wants to buy herself 2 5L cans of oil, 25 kg of rice, 4 cartons of soap and 2 packs of eggs.
With her profits, she wants to save. Awa Sophie has the ambition of opening a restaurant and ensuring the education of her last child.
Mme fait la restauration et vend parallèlement du savon depuis 16ans. Elle s’approvisionne dans les marchés environnants. Ses clients sont les voisins et organisateurs des cérémonies (car elle est recommander pour préparer lors des cérémonies).
Mme veut s’acheter 02 bidons de 05l d’huile, 25kg de riz, 04 cartons de savon et 02 plaquettes d’œufs.
Avec ses bénéfices, elle veut épargner. Mme ambitionne ouvrir un restaurant et assurer la scolarité de son dernier enfant.
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