Aissatou has been selling cakes for four years. She stocks up in Pissy. Her customers are both men and women. She would like to buy one bag of wheat flour and one 20-l [5-gallon] jug of vegetable oil to prepare her cakes. She would like to contribute to her [child’s] education thanks to her revenues. Aissatou’s goal is to open a warehouse for flour and oil and help pay for the construction of a house.
AÏSSATOU vend des gâteaux depuis 04ans. Elle s’approvisionne à pissy. Ses clients sont les hommes et femmes.
Mme veut s’acheter 01sac de farine de blé et 01bidon d’huile de 20l pour la préparation des gâteaux.
Elle veut aider à la scolarisation des enfants avec ses bénéfices. AÏSSATOU ambitionne ouvrir un magasin de stockage pour la farine et l’huile et aider à construire une maison d’habitation.
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.
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
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Success!! The loan was 100% repaid