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Pascal
The partnership between the social enterprise Nafa Naana and a shopkeeper, Pascal, enables him to purchase energy products marketed by Nafa Naana. His objective is to resell the products, including 10 improved stoves, 5 gas stoves, and 14 solar lamps with the goal of increasing his income and improving his commerce.

With this retail store located in an outlying district of Ouagadougou, Mogdin, Pascal needs the amount of 348,750 francs CFA to acquire solar products. Thanks to this loan amount, he will be able to expand his range of products with the aim of satisfying the needs of his customers as well. The business of retail products is very important because he would like to help defend the social cause of the most destitute people by enabling them to save some money. The lamps will thus be used to light the concessions in his district not supplied with electricity, and the stoves will reduce household energy consumption. In addition, protecting the environment is his passion.

With a family composed of a wife and three children whom he supports, Pascal envisions using the additional income for improving his business and no longer having to turn to borrowing in the future to expand the range of products in his store.
View original language description ↓
Le partenariat entre l’entreprise sociale Nafa Naana et le boutiquier Pascal lui permet d’acheter des produits énergie commercialisés par Nafa Naana. L’objectif pour lui est de revendre les produits composés de 10 foyers améliorés, 5 foyers à gaz et 14 lampes solaires dans le but de d’augmenter ses revenus et améliorer son commerce.
Avec sa boutique de vente au détail situé dans le quartier périphérique de Ouagadougou, Mogdin, Pascal a besoin d’une somme de 348 750 FCFA pour acquérir les produits solaires. Grâce à un prêt de ce montant, il pourra alors élargir sa gamme de produits en vue de satisfaire les besoins de ses clients aussi. L’activité de revente des produits est très importante car il voudrait contribuer à défendre la cause sociale des plus démunies en leur permettant de réaliser des économies. Les lampes serviront donc à éclairer les concessions de son quartier non électrifié et les foyers réduiront la consommation en énergie des ménages. En plus, la protection de l’environnement est son cheval de batail.

Avec une famille composée d’une femme et de trois enfants dont il a la charge, Pascal envisage d’utiliser les revenus supplémentaires pour améliorer son activité et ne plus avoir recours aux prêts dans le futur pour étendre la gamme de produits de sa boutique

Additional Information

More information about this loan

This loan will help EdM provide energy-efficient wood or coal-burning stoves and gas stoves to retailers. EdM uses loaned funds to purchase stoves from local producers, then supplies the stoves to retailers on credit. Retailers, who typically own pre-existing small businesses and wish to add stoves to their inventories, are responsible for repaying the cost of the stoves to EdM in installments over the course of the loan term. These stoves help end users reduce their fuel expenses and avoid health complications caused by cooking over open fires. Since EdM pays the cost of transporting stoves from producers to retailers, and provides marketing support in the form of promotional posters and awareness-raising events, the organization adds a margin of between 4 and 7.5% to the cost the retailers pay for the stoves in order to make the project self-sufficient. 

About Entrepreneurs du Monde (EdM)

Kiva provides an important source of flexible, risk-tolerant working capital for social businesses in EDM’s network so that they can import and stock clean energy products to meet customer demand and positively impact health and the environment in impoverished communities around the world.

About Burkina Faso

  • $1,284
    Average annual income
  • 0
    View loans »
    Burkina Faso Loans Fundraising
  • $1,294,100
    Funds lent in using Kiva
  • 489.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Pascal to trade in improved stoves, gas stoves, and solar lamps.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 19, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
Possible
Ended:
May 24, 2014