Zenabou has been selling various goods (used clothing, salt, liquid soap) for four years. She buys used clothing at a market located in her neighborhood and salt from wholesalers. Her customers are women and neighbors.
She wants to buy 4 kg. of paste used to make soap, two bags of salt, ten bed sheets and 20 small used towels. She wants to open an account to save her profits. She dreams of becoming a wholesaler and of purchasing a motorcycle.
Mme vend divers marchandises (friperie, sel, savon liquide) depuis 04ans. Elle s’approvisionne au marché de son quartier pour les friperies et chez les grossistes pour le sel. Ses clients sont les femmes et les voisins.
Elle veut s’acheter 04kg de pâte qui est utiliser pour la fabrication du savon, 02sacs de sel et 10drats de lit et 20petits serviettes friperie.
Mme veut ouvrir un compte pour épargner ses bénéfices. Elle ambitionne devenir un grossiste et acquérir une moto.
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