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Tounsidazanga 2 Group
In this Group: Aissata, Madeleine, Alizeta

Update on Tounsidazanga 2 Group

AISSATA is the representative of the TOUNSIDAZANGA II group. She is doing well. She is married and the mother of seven children. Her oldest child is 30 years old and her youngest is 14. Three of her children are in school. AISSATA supports nine people.

AISSATA has been running a small restaurant for ten years. She buys her supplies at local markets. Her customers are friends and neighbors.

AISSATA wants to buy one bag of beans, two bags of rice and some firewood for her kitchen. She wants to save her profits. Her ambition is to be able to contribute to her children's schooling costs and to open other restaurants.
View original language description ↓
Mme AISSATA est la représentante du groupe TOUNSIDAZANGA II. Elle se porte bien. Elle est mariée et mère de 07enfants. Le plus âgé a 30ans et le moins âgé a 14ans. 03 vont à l’école et elle a 09personnes en charge.
Mme est restauratrice depuis 10ans. Elle s’approvisionne dans les marchés de son quartier. Ses clients sont les amis et voisins.
Elle veut s’acheter 01sac d’haricot, 02sacs de riz et une rangée de bois de chauffe pour sa cuisine.
Mme veut épargner ses bénéfices. Elle ambitionne aider à la scolarité de ses enfants et ouvrir d’autres restaurants.

Previous Loan Details

Ms. AISSATA is the representative of the group TOUNSIDAZANGA II. She is doing well. She is married and the mother of seven children. The oldest is 30 years old, and the youngest is 14. Three go to school. She has nine persons to support. Ms. AISSATA has been a restauranteur for ten years. She… More from Tounsidazanga 2 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
  • 8
    View loans »
    Burkina Faso Loans Fundraising
  • $1,408,125
    Funds lent in using Kiva
  • 483.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tounsidazanga 2 Group's $1,000 loan helped a member to buy one bag of beans, two bags of rice and some firewood for her kitchen.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2013
Listed
Oct 14, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014
This photo was used before for a previous loan for Tounsidazanga 2 Group. It was first posted on Kiva on Sep, 2012. Learn More