Wendzoodo Nooma Group
Update on Wendzoodo Nooma GroupMs. Lamoussa represents the Wendzoodo Nooma group. She is in good health, as well as her whole family. She is the married mother of three children, the oldest of whom is 36 years old, and the youngest 16. Two of the children go to school, and she has three persons to support.
Ms. Lamoussa has been selling shea butter for nine years. Her loan went well. She resupplies from the provinces in Burkina Faso, and her customers are those who make soap.
She wants to purchase 150 dishes of shea butter. She wants to bolster her business with her savings. Her ambition is to have customers from abroad but also to buy a motorbike and a plot of land.
Mme vent du beurre de karité depuis 09ans. Son crédit s’est bien passé. Elle s’approvisionne dans les provinces du Burkina. Ses clients sont ceux qui fabriquent le savon.
Mme veut s’acheter 150 plats de beurre de karité.
Mme veut renforcer son activité avec ses économies. Son ambition est d’avoir des clients dans les pays extérieurs mais aussi s’acheter une moto et une parcelle.
Previous Loan DetailsMs. LAMOUSSA represent the group WENDZOODO NOOMA. She is well, and so is her whole family. She is the married mother of three children. The oldest is 36 years old, and the youngest is 16. Two of the children go to school, and she has three persons to support. Ms. LAMOUSSA has been selling shea… More from Wendzoodo Nooma 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
About Burkina Faso
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Success!! The loan was 100% repaid
- Repayment Term
- 6 months (Additional Information)
- Repayment Schedule
- May 31, 2013
- Jun 12, 2013
- Currency Exchange Loss:
- Oct 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.