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Bao Beoneere Group
In this Group: Zakarya, Lassane

Update on Bao Beoneere Group

Mr. ZAKARIA is the official of the group BAO BEONEERE. He is doing well and has even had a second baby. He is married and the father of two. The oldest is 4 years old, and the youngest is 6 months. He has three persons to support.

Mr. ZAKARIA has had a store for two years. He gets his supplies from the Sector 21 market. His customers include both men and women.

He wants to purchase 10 sacks of rice, 3 containers of oil, and 5 boxes of spaghetti. He wants to reinvest his profits. He would like to expand his business and to take better care of his family.
View original language description ↓
Mr ZAKARIA est la responsable du groupe BAO BEONEERE. Il se porte bien et à même eu un deuxième bébé. Marié, il est père de 02 enfants. Le plus âgé a 04ans et le moins âgé a 06moins. Il a 03 personnes en charge.
Mr gère une boutique depuis 02ans. Elle s’approvisionne au marché du secteur 21. Ses clients sont les femmes et les hommes.
Elle veut s’acheter 10sacs de riz, 03bidons d’huile et 05cartons de spaquetti.
Mr veut réinvestir ses bénéfices. Elle souhaite étendre les limites de son activité et mieux s’occuper de sa famille.

Previous Loan Details

Mr. ZAKARYA is the leader of the group BAO BEONEERE. He is a married father of a 3-year-old child who does not yet go to school. He supports three people. Mr. Zakarya has been selling foodstuffs for two years. He buys his merchandise at the market of sector 10 and in downtown Sankariyaré. His ... More from Bao Beoneere Group's previous loan »

Additional Information

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.

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.

About Burkina Faso

  • $1,500
    Average annual income
  • 1
    View loans »
    Burkina Faso Loans Fundraising
  • $1,913,300
    Funds lent in using Kiva
  • 513.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bao Beoneere Group's $800 loan helped a member to purchase rice oil, and spaghetti to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 14, 2013
Jul 14, 2013
Currency Exchange Loss:
Jan 17, 2014