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Béatrice
Béatrice is 41 years old. She is married and the mother of three children. Her twins are in primary school and her older child is already at the university.

Christiane has been an entrepreneur for seven years and also president of an association. She would like to be doing work as a caterer or decorator or landscape gardener, but has deal with a lack of finances to develop those businesses.

The loan accorded to Christiane will allow her to buy 18 gas stoves and one improved woodstove to resell within her association. She does this to help the women of her association out, so that they will be able to cook food more quickly.

As for the future, Béatrice would like to set up a microfinance organization that would support women.
View original language description ↓
Béatrice a 41 ans. Elle est mariée et mère de 3 enfants. Deux jumeaux sont en classe de CP, et le plus âgé fréquente déjà l’Université.
Christiane est entrepreneuse depuis sept années, ainsi que Présidente d’une association. Elle propose des activités de traiteur, de décoration et d’aménagement du paysage, mais doit faire face à un manque de financements pour développer son activité.
Le prêt octroyé à Christiane lui permet d’acquérir 18 foyers à gaz et 1 foyer amélioré, pour les revendre au sein de son association. Elle fait cela pour soulager les femmes de son association qui pourront désormais cuisiner plus rapidement.
Pour l’avenir, Béatrice souhaiterait mettre en place une structure de microfinance qui soutiendrait la cause des femmes.

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
  • 12
    View loans »
    Burkina Faso Loans Fundraising
  • $1,531,200
    Funds lent in using Kiva
  • 496.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Béatrice to resell gas stoves and improved woodstoves.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 2, 2013
Listed
Aug 5, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 11, 2014