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Gouwend Manegre Group
In this Group: Christine, Kouka, B.minata, Bibata, Mariam, Zoenabo, Safoura

Update on Gouwend Manegre Group

Christine represents the Gouwend Manegre group. She is married and the mother of 6 children. Her oldest child is 21 years old; the youngest is 2 years old. One of her children currently attends school, and she has 4 people in her care.

Christine has been making dolo (a local beverage) for the last 5 years. She stocks up on supplies in Yagma. Her clients are the men and women of her neighborhood. She wants to purchase 4 bags of germinated millet for preparing the dolo. She wants to save her profits. Christine hopes to grow her business and improve the living conditions for her family.
View original language description ↓
Mme CHRISTINE représente le groupe GOUWEND MANEGRE. Mariée, elle est mère de 06enfants. Le plus âgé a 21ans et le moins âgé a 02ans. 01 va à l’école. Elle a 04 personnes en charge.
Mme fait la transformation (dolo) boisson local depuis 05ans. Elle s’approvisionne à Yagma. Ses clients sont les hommes, les femmes du quartier.
Elle veut s’acheter 04sacs de mil germé pour la préparation du dolo (boisson local).
Mme veut épargner ses bénéfices. Elle ambitionne agrandir son activité et améliorer les conditions de vie de sa famille.

Previous Loan Details

Ms. CHRISTINE represents the group GOUWEND MANEGRE. She is the married mother of six children. The oldest is 21 years old, and the youngest is 2. One goes to school. She has four persons to support. Ms. CHRISTINE has been making a local drink (dolo) for five years. She gets her supplies in… More from Gouwend Manegre 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

  • $1,284
    Average annual income
  • 0
    View loans »
    Burkina Faso Loans Fundraising
  • $1,400,150
    Funds lent in using Kiva
  • 491.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gouwend Manegre Group's $975 loan helped a member purchase 4 bags of germinated millet for producing "dolo" (a local beverage).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2013
Listed
Sep 3, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2014