Check out some available loans that are similar to this one!
Sountongnoma Group
In this Group: G. Ivone, Aissa, Ami, Fatimata, Clotide
G. Ivone is the representative of the Sountongnoma group. She is married and the mother of 7 children, the eldest of whom is 35 and the youngest, 12. Two of her children go to school and she is responsible for 2 people. She has been selling pagnes (highly colourful and decorative West African cloth) for 16 years. She gets her supplies at the Sector 10 market. Her customers are women and men.

G. Ivone would like to buy 5 bolts of pagnes and 3 bolts of damask pagnes. She would like to save her profits so that she can strengthen her business. She wishes to extend her range of business activities and to help her husband with the household expenses.
Mme G. Ivone représente le groupe SOUNTONGNOMA. Mariée, elle est mère de 07enfants. Le plus âgé a 35ans et le moins âgé a 12ans. 02 vont à l’école et elle a 02 personnes a sa charge.
Mme vend des pagnes depuis 16ans. Elle s’approvisionne au marché de secteur 10. Ses clients sont les femmes et hommes.
Elle veut s’acheter 05 pièces de pagnes et 03 pièces de pagnes bazin.
Mme veut épargner ses bénéfices afin de renforcer son activité. Elle souhaite agrandir son champ d’activité et aider son mari dans les dépenses de la famille.

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
  • 13
    View loans »
    Burkina Faso Loans Fundraising
  • $1,462,175
    Funds lent in using Kiva
  • 489.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sountongnoma Group's $1,350 loan helped a member to buy 5 bolts of pagnes and 3 bolts of damask pagnes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Feb 12, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013