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Gs Nobre Group
In this Group: Fatoumata, Awa, Alizeta

Update on Gs Nobre Group

Fatoumata is the leader of the GS Nobre group. She is doing very well. She is married and the mother of 4 children. The eldest is 19 years old and the youngest, 10. Three of her children go to school and she is responsible for 6 people. She has been selling condiments wholesale for 14 years. She gets her supplies locally as the wholesalers deliver them. Her customers are men and women.

She would like to buy 4 bags of cucumbers, 5 bags of onions, 3 bags of peppers and 3 bags of courgettes. She saves her profits and still aims to expand her business and become the sole supplier in the area.
Mme FATOUMATA est la responsable du groupe GS NOBRE. Elle se porte très bien. Elle est mariée et mère de 04 enfants. Le plus âgé a 19 ans et le moins âgé a 10 ans. 03vont à l’école et elle a 06 personnes en charge.
Mme vend des condiments en gros depuis 14ans. Elle s’approvisionne sur place car les grossistes viennent les livrer. Ses clients sont les hommes et les femmes.
Elle veut s’acheter 04 sacs de concombre ; 05 sacs d’oignons ; 03 sacs de poivrons et 03 sacs de courgettes.
Mme épargne ses économies et ambitionne toujours agrandir son commerce et avoir le monopole.

Previous Loan Details

Fatoumata is the leader of the GS Nobre group. She is married and the mother of four children. The eldest is 18 and the youngest is nine, and three of the children are in school. Fatoumata has a total of six people to look after. Fatoumata has been selling food supplies in bulk for 13 years. ... More from Gs Nobre Group's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 19
    View loans »
    Burkina Faso Loans Fundraising
  • $1,823,075
    Funds lent in using Kiva
  • 508.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gs Nobre Group's $1,200 loan helped a member to buy 4 bags of cucumbers, 5 bags of onions, 3 bags of peppers and 3 bags of courgettes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014
This photo was used before for a previous loan for Gs Nobre Group. It was first posted on Kiva on May, 2012. Learn More