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Ramongwende Group
In this Group: Blandine, G Windengoudi, Fati

Update on Ramongwende Group

Ms. Blandine represents the Ramongwende group. She is doing well; she is married and is the mother of three children. The oldest is 10 years old and the youngest is six years old. Two of them go to school.

She has been selling vegetables for the past seven years. She gets her supplies from Toecin. Her customers are women from her neighborhood. She wants to buy two baskets of tomatoes, one bag of cabbages and one bag of eggplants.

She wants to save her profits to build up her business. She aims to expand her field of activity and improve her living conditions.
View original language description ↓
Mme BLANDINE représente le groupe RAMONGWENDE. Elle se porte bien. Mariée, elle est mère de 03enfants. Le plus âgé a 10ans et le moins âgé a 06ans. 02 vont à l’école.
Mme vend des légumes depuis 07ans. Elle s’approvisionne à Toecin. Ses clients sont les femmes de son quartier.
Elle veut s’acheter 02paniers de tomate, 01sac de choux e et 01sac d’aubergine.
Mme veut épargner ses bénéfices pour renforcer son activité. Elle ambitionne agrandir son champs d’activité et améliorer sa condition de vie.

Previous Loan Details

Mrs. BLANDINE is the featured borrower of RAMONGWENDE Group. She's married and the mother of three children. The eldest is 10, the youngest is 6 years old. Both attend school. Mrs. BLANDINE has been selling vegetables for seven years. She gets her supplies in Toecin and her customers are women... More from Ramongwende 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
  • 23
    View loans »
    Burkina Faso Loans Fundraising
  • $1,440,925
    Funds lent in using Kiva
  • 484.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ramongwende Group's $575 loan helped a member to buy 2 baskets of tomatoes, 1 bag of cabbages and 1 bag of eggplants.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014