Mrs. Brigitte represents the KOBANKA group. She is a married mother of two. The eldest is 5 and the youngest is 2. None of her children attend school and she has four people in her care. Mrs. Brigitte has been selling pagnes (traditional cloth wraps) for a year. She stocks up with pagne wholesalers at the big market. Her customers are men and women. She wants to buy ten pagnes. Mrs. Brigitte wants to save her earnings. She aspires to open a pagne boutique and help her children with their future.
Mme BRIGITTE représente le groupe KOBANKA. Mariée, elle est mère de 02enfants. Le plus âgé a 05ans et le moins âgé a 02ans. Personne ne va à l’école et elle a 04personnes en charge.
Mme vend des pagnes depuis 01an. Elle s’approvisionne chez les grossistes de pagnes au grand marché. Ses clients sont les hommes, les femmes.
Elle veut s’acheter 10pagnes.
Mme veut épargner ses bénéfices. Elle ambitionne ouvrir une boutique de pagne et aider ses enfants pour leur avenir.
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.
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.