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Song Ti Manague Group
In this Group: Hortense, Fatimata, Talato, Aminata, Asseta, Mariam

Update on Song Ti Manague Group

Hortense is the manager for the Song Ti Manague Group. She is doing well. Hortense is married and the mother of six children. The oldest is 27 years and the youngest is eight years old. Three of her children currently attend school and Hortense has three dependents in her care.

Hortense has been a merchant of juices, fresh water and firewood for the past five years. She purchases her merchandise through home delivery and from markets in her district. Her clientele is made up of people who live in her district.

Hortense wants to buy a supply of two rows of fuel. She wants to expand her business with the income she earns. Hortense's ambitions are to sell and deliver her entire supply of fuel and to better educate her children.
View original language description ↓
Mme HORTENSE est responsable du groupe SONT TI MANAGUE. Elle se porte bien. Mariée, elle est mère de six(06) enfants. Le plus âgé a 27ans et le moins âgés à 08ans. Trois (03) vont à l’école et elle a 03personnes en charge.
Mme vend du jus et de l’eau fraiche et parallèlement du bois de chauffe depuis 05 ans. Elle s’approvisionne par livraison à domicile et aux marchés de son secteur. Ses clients sont les habitants de son secteur.
Elle veut s’acheter 02 rangées de combustible.
Elle veut renforcer son activité avec ses bénéfices. Mme ambitionne acheter maintenant se faire livrer la totalité du chargement de combustible et mieux scolariser ses enfants.

Previous Loan Details

Ms. Hortense is the leader of the "Sont Ti Manague" group. She is married and has six children. The oldest is 27 and the youngest is 8. Three of them attend school, and Ms. Hortense has three people in her care. Ms. Hortense has sold juice and fresh water, as well as firewood, for five years. Sh... More from Song Ti Manague 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

  • $1,284
    Average annual income
  • 0
    View loans »
    Burkina Faso Loans Fundraising
  • $1,508,850
    Funds lent in using Kiva
  • 497.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Song Ti Manague Group's $925 loan helped a member to buy a supply of two rows of fuel for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Feb 25, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013
This photo was used before for a previous loan for Song Ti Manague Group. It was first posted on Kiva on Dec, 2012. Learn More