Ouaga Est Bon Group
Mme Kadou Sabine has been selling lengths of African print cloth and sets of necklaces for 10 years. She buys her goods in the Sector 10 market. Her customers are women and men.
She wants to buy four lengths of damask cloth, four lengths of regular cloth, and one dozen sets of necklaces. She wants to save her profits to build a home to live in. Her ambition is to grow her business and take better care of her family.
Mme vend des pagnes et des ensembles chaines depuis 10ans. Elle s’approvisionne au marché de secteur 10. Ses clients sont les femmes et les hommes.
Elle veut s’acheter 04 pagnes Bazin, 04 pagnes simples et 01 douzaine d’ensemble chaine.
Mme veut épargner ses bénéfices afin de construire une maison d’habitation. Elle ambitionne agrandir son commerce et mieux s’occuper de sa famille.
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.
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
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Success!! The loan was 100% repaid