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Rayisomzita Group
In this Group: Madina, Kadidiata, Salamata Marceline, Aliimata, Emilienne, Mamounata

Update on Rayisomzita Group

Madina is the representative of the RAYISOMZITA group. She is doing well. She is the married mother of three children aged 2 to 13, two of whom go to school. She is supporting three people.

Madina has been selling sugar, salt and soap for eleven years. She buys her stock at the large shops of the area. Her customers are those who prepare juices, flat cakes and porridge.

She wants to buy five 50 kg bags of sugar, and five 25 kg bags of salt.

She saves her profits to bolster her business. She plans to expand her activity by opening a shop, and she wants to support her children's tuition.
Mme MADINA est responsable du groupe RAYISOMZITA. Elle se porte bien. Mariée, elle est mère de 03 enfants. Le plus âgé a 13ans et le moins âgé a 02ans et quelques mois. Deux(02) vont à l’école et elle a 03 personnes en charge.

Mme vend du sucre, du sel et du savon depuis 11 ans. Elle s’approvisionne dans les grandes boutiques de son secteur. Ses clients sont celles qui font les jus, les galettes et la bouillie.

Elle veut s’acheter 05 sacs de sucre de 50kg, 05 sacs de sel de 25kg.

Elle épargne ses bénéfices afin de renforcer. Mme ambitionne agrandir son activité en ouvrant une boutique et assurer la scolarité de ses enfants.

Previous Loan Details

Madina is the representative of the RAYISOMZITA group. She is married and the mother of three children. Her oldest child is 12 years old and the youngest is 2. Two of her children go to school, and she has two people in her care. Madina has been selling sugar, salt and soap for ten years. ... More from Rayisomzita 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

  • $1,500
    Average annual income
  • 7
    View loans »
    Burkina Faso Loans Fundraising
  • $1,720,575
    Funds lent in using Kiva
  • 499.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Rayisomzita Group's $1,775 loan helped a member to buy five 50 kg bags of sugar, and five 25 kg bags of salt.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2013
Listed
Feb 28, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013
This photo was used before for a previous loan for Rayisomzita Group. It was first posted on Kiva on Nov, 2012. Learn More