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Espoir Group
In this Group: Wendinmi, Moussa, Julienne Pegdawende, Julien, Zakaria, Halidou
Mr. WENDDINMI represents the group ESPOIR. He is married and a father of two children. The oldest is six years old, and the youngest is 3. One goes to school. Mr. WENDDINMI has been selling beauty products for two years. He gets his supplies at the big market. His customers are women.

He is going to purchase 14 dozen of perfumes of various types. He wants to save his profits. His ambition is to purchase a motorbike.
View original language description ↓
Mr WENDDINMI représente le groupe ESPOIR. Il est marié, père de 02 enfants. Le plus âgé a 06ans et le moins âgé 03ans. 01 va à l’école.
Mr vend des produits de beauté depuis 02ans. Il s’approvisionne au grand marché. Ses clients sont les femmes.
Il veut s’acheter 14douzaines de parfum toutes catégories confondues.
Mr veut épargner ses bénéfices. Il ambitionne s’acheter une moto.

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

  • $1,500
    Average annual income
  • 18
    View loans »
    Burkina Faso Loans Fundraising
  • $1,823,075
    Funds lent in using Kiva
  • 502.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Espoir Group's $600 loan helped a member to purchase perfumes of all types to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013