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Gs Sita Group
In this Group: Sita, N Dit Antoinette, Pascaline
Mrs. Sita is the leader of the GS Sita group. She is a married mother of six. The oldest is 36 and the youngest is 25. Five of them attend school. Mrs. Dita has been making the local beverage dolo and selling soup for 20 years. She stocks up in Kokologo. Her customers are men and women. She wants to buy 5 kgs of meat with which to make soup and 10 buckets of millet in order to make dolo. Mrs. Sita wants to use her earnings to help pay for her children’s education. She strives to one day open a big night club.
View original language description ↓
Mme SITA est responsable du groupe GS SITA. Mariée, elle mère de 06enfants. Le plus âgé a 36ans et le moins âgé a 25ans. 05 va à l’école.
Mme fait la transformation (dolo) et vend de la soupe depuis 20ans. Elle s’approvisionne à Kokologo. Ses clients sont les hommes et les femmes.
Elle veut s’acheter 05kilos de viande pour la préparation de la soupe et 10seaux de mil germé pour la préparation du dolo (boisson local).
Mme veut utiliser ses bénéfices pour aider à la scolarisation de ses enfants. Elle ambitionne ouvrir un grand cabaret.

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

  • $1,500
    Average annual income
  • 8
    View loans »
    Burkina Faso Loans Fundraising
  • $1,759,225
    Funds lent in using Kiva
  • 484.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gs Sita Group's $950 loan helped a member to buy 5 kgs of meat with which to make soup and 10 buckets of millet in order to make dolo (a local beverage).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2014