Mrs. Diouma is the leader of the group. She is a married mother of nine. The eldest of her children is 45 and the youngest is 17. One attends school, and she has two people for whom she is responsible. Mrs. Diouma has been selling shea butter and soumbala (seeds or beans used in cooking) for 20 years. She stocks up in the surrounding markets. Her customers are men and women. She wants to buy a sack of shea nuts with which to make shea butter and one sack of African locust tree nuts with which to make soumbala. Mrs. Diouma wants to use her earnings to help pay for her child’s education. She strives to one day open a big shop.
Mme DIOUMA est responsable du groupe. Mariée, elle mère de 09enfants. Le plus âgé a 45ans et le moins âgé a 17ans. 01 va à l’école et elle a 02personnes en charge.
Mme vend du beurre de karité et du soumbala depuis 20ans. Elle s’approvisionne dans les marchés environnants. Ses clients sont les hommes et les femmes.
Elle veut s’acheter 01sac de noix de karité pour la fabrication du beurre de karité et 01sac de noix de néré pour la fabrication du soumbala.
Mme veut utiliser ses bénéfices pour aider à la scolarisation de son enfant. Elle ambitionne ouvrir une grande boutique.
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.