Wend La Yangda Group
Update on Wend La Yangda GroupMrs. Zalissa is the leader of Wend La Yangda Group. She is married and the mother of three children. The eldest is nine years old and the youngest is four. Two of them attend school.
Mrs. Zalissa has been selling plates for three years. She gets her supplies from the Grand Marché in Ouagadougou and in Sankaryaaré. Her customers are women and men. She wants to purchase one box of premium plates and a dozen plastic plates.
Mrs. Zalissa wants to save her profits in order to purchase a means of transportation. She strives to enlarge her business and to take care of her family.
Mme vend des plats depuis 03ans. Elle s’approvisionne au grand marché de Ouagadougou et à Sankaryaaré. Ses clients sont les femmes, les hommes.
Elle veut s’acheter 01 carton de plat super et 01 douzaine de plats en plastique.
Mme veut épargner ses bénéfices afin de s’acheter un moyen de déplacement. Elle ambitionne agrandir son activité et s’occuper de sa famille.
Previous Loan DetailsKalizeta is the representative of the WEND LA YANGDA group. She is married and the mother of three children. The oldest is sixteen years old and the youngest is eight. She used her previous loan for her hairdressing business, and wants to continue with it. Kalizeta is a hairdresser and alongsi... More from Wend La Yangda Group's previous loan »
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.
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.
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Success!! The loan was 100% repaid