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Espoir Group
In this Group: Wendinmi, Moussa, P.julliette, Julien, Zakaria, Halidou
Wendinmi represents the Espoir ("hope") group. He is married and the father of 2 children. His oldest child is 6 years old, and the younger child 3 years old. One of his children attends school, and Wendinmi has 4 people in his care. He has been selling beauty products for 2 years. His customers are both men and women.

Wendinmi would like to purchase 4 dozen perfumes and 3 dozen beauty products. He hopes to save his profits. His dream is to grow his business and to purchase a motorcycle.
View original language description ↓
Mr WENDINMI représente le groupe ESPOIR. Il est marié et père de 02 enfants. Le plus âgé a 06ans et le 03ans. 01 va à l’école et il a 04 personnes en charge.
Il vend de produits de beauté depuis 02ans. Il s’approvisionne au grand marché. Ses clients sont les hommes et les femmes.
Mr veut s’acheter 04douzaines de parfuns, 03douzaines de produits de beauté.
IL désire épargner ses bénéfices. Il ambitionne agrandir son activité et s’acquérir une moto.

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.

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
  • 24
    View loans »
    Burkina Faso Loans Fundraising
  • $1,440,925
    Funds lent in using Kiva
  • 494.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Espoir Group's $875 loan helped a member to purchase 4 dozen perfumes and 3 dozen beauty products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2013
Listed
Sep 18, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2014