Update on Akadi GroupAlizeta is the representative of the AKADI group. She is married and the mother of four children. Her oldest child is 24 years old, her youngest is 16. Two of her children are in school.
Alizeta has been selling juices and cold water for two years. She has also started to sell baby clothes. She stocks up at the markets in her area and resells to residents of her neighborhood.
She wants to buy one bag of sugar, one bag of pearl millet and one ball of wool.
She plans to use her profits to boost her business. Her goal is to expand her activity and to provide a better education for her children by sending them to better high schools.
Mme vend du jus et de l’eau fraiche depuis 02 ans .Elle vend aussi des layettes maintenant. Elle s’approvisionne aux marchés de son secteur. Ses clients sont les habitants de son quartier.
Elle veut s’acheter 01 sac de sucre, 01 sac de petit mil et 01 balle de laine.
Elle veut renforcer son activité avec ses bénéfices. Mme ambitionne étendre les limites de son commerce et mieux scolariser ses enfants dans des meilleurs lycées.
Previous Loan DetailsMs. ALIZETA is the official of the group AKADI. She is a married mother of four children. The oldest is 24 years old, and the youngest is 16. Two go to school. She has five persons to support. Ms. ALIZETA has been selling juices and cold water for over a year. She gets her supplies at the… More from Akadi 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
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