Laafilabumb De Yagma Group
Update on Laafilabumb De Yagma GroupMadam Colette is the representative of the group LAAFI LA BOUMB DE YAGMA. Madam is well. She is married and mother to 2 children. The oldest is 6 years old and the youngest is 3 years old. One goes to school and she has 2 dependents.
Madam sells plastic dishes. She has been practicing this profession for 4 years. She gets her supplies at the market in Sector 10 and at the large market. Her customers are women and men.
Madam wants to buy herself 1 dozen cups and 1 dozen dishes, 1 dozen buckets and 1/2 dozen kettles.
She saves her profits in order to open a shop for her business. Madam has the ambition of expanding the scope of her business and to help and support her husband with the responsibilities of the family.
Mme vend des plats en plastique. Elle exerce ce métier depuis 04ans. Elle s’approvisionne au marché de Secteur 10 et au grand marché. Ses clients sont les femmes et hommes.
Mme veut s’acheter 01 douzaine de gobelet et 01 douzaine de plats, 01douzaine de seaux et 1/2douzaine de bouillards.
Elle épargne ses bénéfices afin d’ouvrir une boutique pour son activité. Mme ambitionne agrandir son champs d’activité et aider et soutenir son mari dans les charges de la famille.
Previous Loan DetailsMrs. COLETTE is the representative of the group LAAFI LA BOUMB DE YAGMA. She is married and the mother of two dependent children aged 2 and 5, one of whom goes to school. Mrs. Colette has been selling plastic wares for the past three years. She buys her merchandise at the markets of Sankaryaa... More from Laafilabumb De Yagma 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
19View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 6 months (Additional Information)
- Repayment Schedule
- Mar 13, 2013
- Apr 12, 2013
- Currency Exchange Loss:
- Aug 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.