Ms. MARIAM has been selling sandwich bread and soap for eighteen years. She gets her supplies of soap from the market and [the bread] from the bakery.
She wants to purchase a sack of 'kabakourou' soap (a local soap) and 4 sacks of dried bread for making breadcrumbs to resell.
She wants to open an account and save her profits. Her ambition is to expand her business and take care of her children.
Mme vend de pain au sandwich et du savon depuis 18ans. Elle s’approvisionne au marché pour le savon et à la boulangerie. Ses clients sont les écoliers et les voisins.
Mme veut s’acheter 01sac de savon kabakourou (savon local) et un 04sacs de pain sec pour faire la poudre de pain sec et revendre.
Elle veut ouvrir un compte et épargner ses bénéfices. Mme ambitionne agrandir son activité et s’occuper de ses enfants.
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