Ms. Wougo Marguerite represents the Sababsongo 2 Group. She is married and mother of nine children. The oldest is 27-years old and the youngest is less than 1-year old. Eight attend school. For 11 years, Wougo Marguerite has sold tubers and fruit. She stocks up in the Ivory Coast and in Ghana. Her customers are men, women, and children. She wants to buy seven boxes of mangoes. She wants to save her profits. Her goals are to open a warehouse of tubers and fruit and to take better care of her children's education.
Mme WOUGO MARGUERITE représente le groupe SABABSONGO 2. Mariée, elle est mère de 09enfants. Le plus âgé a27ans et le moins âgé a 1an. 08 vont à l’école.
Mme vend des tubercules et fruits depuis 11ans. Elle s’approvisionne en Côte d’Ivoire et au Ghana. Ses clients sont les hommes, les femmes et les enfants.
Elle veut s’acheter 07 cartons de mangues.
Mme veut épargner ses bénéfices. Elle ambitionne ouvrir un magasin de stockage de tubercules et fruits et mieux s’occuper de la scolarité des enfants.
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.