Mme PAYESSEDE ROSE DE LIMA is the leader of the PALIGWENDE group. She is married and the mother of four children. The eldest is 17, and the youngest 5 years old. Two of them attend school, and she has five people dependent on her. She has been selling dolo (a local drink) for 3 years. She buys her supplies at the local market, and her customers are both men and women - her neighbours. She wants to buy some wood for the preparation of dolo. She wants to save her profits, and her ambitions are to buy a cart and to complete the construction of her home.
Mme PAYESSEDE ROSE DE LIMA est responsable du groupe PALIGWENDE. Mariée, elle est mère de 04 enfants. Le plus âgé a 17ans et le moins âgé a 05ans. 02 vont à l’école et elle a 05personnes en charge.
Mme vend du dolo (boisson local) depuis 03ans. Elle s’approvisionne au marché de son quartier. Ses clients sont les hommes, les femmes et les voisins.
Elle veut s’acheter du bois pour la préparation du dolo.
Mme veut épargner ses bénéfices. Elle ambitionne s’acheter une charrette et achever la construction de sa maison.
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.