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Hangnidé's Group
In this Group: Hangnidé, Bendi, Kortimi, Marie Jeanne

Update on Hangnidé's Group

Mrs. Hangnide is the group’s representative. She is doing fine. She is married and has two children, eight and five years old. One child is in school, and she has one other dependent. Mrs. Hangnide has been selling traditional “pagnes” fabrics and ready-to-wear children’s clothing for five years. She stocks up at the Sector 10 market. Her customers are men and women living in her sector and nearby. She would like to buy 12 “pagnes” sets and 35 ready-made outfits. She would like to save her earnings. Her goal has been to build a shed, buy a motorbike and help her husband provide for the family.
View original language description ↓
Mme HANGNIDE est la représentante du groupe. Elle se porte bien. Mariée, elle est mère de 02enfants. Le plus âgé a 08ans et le moins âgé a 05ans. 01 va à l’école et elle a 01 personne en charge.
Mme vend des pagnes et prêt à porté pour enfant depuis 05ans. Elle s’approvisionne au marché de secteur 10. Ses clients sont les hommes, les femmes de son secteur et des secteurs environnants.
Mme veut s’acheter 12complets pagnes et 35 prêts à porter.
Mme veut épargner ses bénéfices. Elle a toujours pour ambition d’installer un hangar, acheter un motocycle et aider son mari avec les charges de la famille.

Previous Loan Details

Hangnide is the representative of the HANDE group. She is doing well, and so is her family. She is married and the mother of two children, ages 7 and 4. One of her children goes to school, and she has one person in her care. Hangnide has been selling pagnes (traditional African fabrics) and... More from Hangnidé's 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
  • 30
    View loans »
    Burkina Faso Loans Fundraising
  • $1,834,775
    Funds lent in using Kiva
  • 503.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Hangnidé's Group's $950 loan helped a member to buy 12 sets of “pagnes” fabric and 35 ready-made outfits.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 1, 2013
Listed
Mar 4, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Hangnidé's Group. It was first posted on Kiva on Nov, 2012. Learn More