Update on Fatoumata's GroupAbibata is the leader of the MANDE 2 group. She is doing well, and so are the other members of her group. She is married and the mother of three children. Her oldest child is 15, her youngest is 7. All three attend school. She has three people in her care.
Abibata has been selling vegetables for the past two years. She stocks up at the Pissy market and sells to both men and women. She is very happy.
Abibata wants to buy one bag of dry gumbo (okra), two bags of cabbage, two bags of eggplants and other dry vegetables. She plans to use her profits to increase the size of her stall. Her goals remain the same: she would like to open a warehouse to store her vegetables, and she wants to continue sending her children to school.
Mme vend des légumes depuis 02ans. Elle s’approvisionne au marché de pissy .Ses clients sont les hommes et femmes. Elle est très contente.
Mme veut s’acheter 01 sac de gombo sec ; 02 sacs de choux et 02 sacs d’aubergines et autres légumes sec.
Elle veut utiliser ses bénéfices pour agrandir son hangar. Mme tient toujours ses ambitions qui sont d’ouvrir une boutique de stockage pour les légumes et de scolariser ses enfants.
Previous Loan DetailsMs. ABIBATA is the representative of the group MANDE 2. She is doing well. She is married and the mother of three children. The oldest is 15 years old, and the youngest is 7. They all go to school. She has three persons to support. Ms. ABIBATA has been selling vegetables for two years. She get... More from Fatoumata's Group's previous loan »
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.
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
About Burkina Faso
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Success!! The loan was 100% repaid
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Feb 1, 2013
- Feb 21, 2013
- Currency Exchange Loss:
- Oct 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.