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Wend Goudoum Group
In this Group: Zarata, Marie Chantal, T.m. Suzane, W.antoinette, Marie Pauline

Update on Wend Goudoum Group

Zarata is the Wendgoudoum group representative. She is doing well. She is the woman wearing the red dress with the yellow design in the picture, and she is holding a dish of cassava couscous and fish. She is married and the mother of 4 children. The eldest is 13 years old and the youngest, 5. All of her children go to school.

Zarata has been running a restaurant (and selling beans) for 9 years. She gets her supplies in the large shops in Bissighin and at the Kilwin market. Her customers are men and women. She would like to 4 sachets of attiéké (cassava couscous), 1 bag of rice and 1 bag of beans. She wants to save her profits. She aims to expand her business and to ensure that her children get an education at the best schools.
Mme ZARATA représente le groupe WENDGOUDOUM. Elle se porte bien. Sur la photo, elle est habillée en rouge avec des dessins jaunes et tiens un plat dans lequel il ya du couscous de manioc et du poisson. Mariée, elle est mère de 04 enfants. Le plus âgé a 13ans et le moins âgé a 05ans. 04 vont à l’école.
Mme fait la restauration (vente d’haricot) depuis 09ans. Elle s’approvisionne dans les grande boutiques de Bissighin et au marché de Kilwin. Ses clients sont les hommes et les femmes.
Elle veut s’acheter 04sachets d’attiéké (couscous de manioc), 01sac de riz et 01sac d’haricot.
Avec ses bénéfices, elle veut épargner. Mme ambitionne agrandir son commerce et scolariser ses enfants dans de meilleurs écoles.

Previous Loan Details

Ms. ZARATA represents the group WENDGOUDOUM. She is the married mother of four children. The oldest is 13 years old, and the youngest is 5. Four of the children go to school. She has four persons to support. Ms. ZARATA has been in the restaurant business (selling beans) for nine years. She get... More from Wend Goudoum 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
  • 17
    View loans »
    Burkina Faso Loans Fundraising
  • $1,814,625
    Funds lent in using Kiva
  • 501.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wend Goudoum Group's $850 loan helped a member to buy 4 sachets of attiéké (cassava couscous), 1 bag of rice and 1 bag of beans.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
Apr 16, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013