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Wend Teldo Group
In this Group: Amado, Issa, Fatimata, Aminata, Rose, G.clarisse, Wendmi, Kadidiata, Gilbert

Update on Wend Teldo Group

Mr. Issa represents the Wend Teldo group. He is doing well: he is married and the father of four children. The eldest is 12 years old and youngest is seven months old. Two go to school and he has five persons to care for.

He has been selling Danfani pagnes (colorful West-African fabric) for 15 years. He gets his supplies from Kouritenga and Paglayuiri. His customers are both men and women.

He wants to buy 20 woven pagnes, and strengthen his business with his profits. His aim is to expand his stall at the market and improve his children's education.
View original language description ↓
Mr ISSA représente le groupe WEND TELDO. Mr se porte bien. Marié, Il est père de 04enfants. Le plus âgé a 12ans et le moins âgés à 07mois. 02 vont à l’école et il a 05 personnes en charge.
Mr vend de pagnes DANFANI depuis 15 ans. Il s’approvisionne à kouritenga et à paglayuiri. Ses clients sont les hommes et les femmes.
Il veut s’acheter 20 pagnes tissé.
Il veut renforcer son activité avec ses bénéfices. Mr ambitionne agrandir son hagard au marché et mieux instruire ses enfants.

Previous Loan Details

Mr. Issa is the leader of the "Wend Teldo" group. He is a married father of four children. The oldest is 11 and the youngest is three months old. Two of them attend school, and he has five people in his care. Mr. Issa has sold "Danfani" pagnes (brightly-printed West African clothing) for 15 years.… More from Wend Teldo 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
  • $1,294,100
    Funds lent in using Kiva
  • 506.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wend Teldo Group's $1,350 loan helped a member buy 20 woven pagnes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2013
Listed
Mar 20, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013
This photo was used before for a previous loan for Wend Teldo Group. It was first posted on Kiva on Dec, 2012. Learn More