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Malgre 2 Group
In this Group: Haoua, L Clemence, Roukiatou, Aminata Laura
Ms. HAOUA represents the group MALGRE 2. She is the married mother of four children. The oldest is 18, and the youngest is 6, and three go to school. Ms. HAOUA has been selling soaps for five years. She gets her supplies from the stores in her district. Her customers include both men and women.

Ms. HAOUA wants to purchase 3 boxes of soaps. With the profits, she wants to help educate her children and reinvest in her business. Her ambition is to make her own soaps.
View original language description ↓
Mme HAOUA représente le groupe MALGRE 2. Mariée, elle est mère de 04enfants. Le plus âgé a 18ans et le moins âgé a 06ans. 03 vont à l’école.
Elle vend du savon depuis 05ans. Elle s’approvisionne dans les boutiques de son quartier. Ses clients sont les hommes et femmes.
Mme veut s’acheter 03 cartons de savons.
Avec ses bénéfices, Elle veut aider à la scolarisation des enfants et réinvestir dans son commerce. Mme ambitionne fabriquer elle-même son savon.

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.

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
  • 6
    View loans »
    Burkina Faso Loans Fundraising
  • $1,415,225
    Funds lent in using Kiva
  • 502.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Malgre 2 Group's $1,200 loan helped a member to purchase soaps.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2013
Listed
Apr 19, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014