Update on Pingdataaba GroupMrs. Irene is spokesperson for the Pingdataaba group. She is in good health, married and the mother of two children. The oldest is seven years old and the youngest is three. One child attends school, and she has four persons to support.
She has been selling pagnes (colorful West-African fabric) for 11 years. She gets her supplies from Lomé and at the Sector 10 market. Her customers are friends and neighbors.
She wants to buy 30 lengths of pagnes and 15 outfits of Bazin fabric.
She wants to improve her business with her savings. Her continuing ambition is to help her husband with the children's education and to buy a plot of land.
Mme vend des pagnes depuis 11 ans. Elle s’approvisionne à Lomé et au marché du secteur 10. Ses clients sont les amis et voisinage.
Elle veut s’acheter30 pièces de pagnes, et 15 complets Bazin.
Avec ses économies, elle veut améliorer son activité. Elle ambitionne toujours aider son mari dans la scolarisation des enfants et s’acheter une parcelle.
Previous Loan DetailsMs. IRENE is the official of the group PINGDATAABA. She is a married mother of two children. The oldest is 7 years old, and the youngest is 3, and one of them goes to school. She has four persons to support. Ms. IRENE has been selling 'pagnes' (the colorful cloth of western Africa) for eleven ... More from Pingdataaba 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
- Jun 7, 2013
- Jun 14, 2013
- Currency Exchange Loss:
- Nov 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.