Wend Waoga Group
Update on Wend Waoga GroupFatimata is in charge of the Wend Waoga group. She is married and mother to four children, the eldest of whom is 15 years old and the youngest six. Three of the children go to school and she has five dependants.
Fatimata has been selling clothes and earrings for the past six years. She gets her supplies in the Sector 10 market and in Sankaryaar, and her customers are both men and women. She would like to buy 12 "pagnes" (pieces of highly colorful fabric), five dozen sweaters and three dozen chains and earrings.
She wants to save her profits and her ambition is to buy a piece of land and also expand her business.
Mme vend des habits, des boucles d’oreille depuis 06ans. Elle s’approvisionne au marché du secteur 10 et à Sankaryaar. Ses clients sont les hommes et les femmes.
Elle veut s’acheter 12pièces de pagnes, 05douzaines de laine, 03douzaines de chaines et boucles.
Mme veut épargner ses bénéfices. Elle ambitionne s’acheter une parcelle et étendre les limites de son activité.
Previous Loan DetailsFatimata is the representative of the WEND WAOGA group. She is doing well. She is married and the mother of four children. Her oldest child is 15 years old, the youngest is 5. Three of her children go to school. She has five people in her care. Fatimata has been selling clothes for three y... More from Wend Waoga 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
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Success!! The loan was 100% repaid