Alidou has been a livestock farmer for five years. He buys his supplies at local markets and sells them to customers for resale. Alidou will use his loan to buy two sheep, and his earnings will be reinvested in his business.
In the future, Alidou would like to expand the size of his business, help his wife set up a business and take better care of his children.
Il est cultivateur et fait l’élevage depuis 05ans. Il s’approvisionne dans les marchés locaux. Ses clients sont les revendeurs.
Mr veut s’acheter 02 moutons.
Il veut réinvestir ses bénéfices dans son activité. Mr ambitionne devenir un grand éleveur , aider sa femme a créer un commerce et mieux s’occuper de ses enfants .
More information about this loan
This loan is designed to support farmers in central Burkina Faso. Micro Start is administering this loan, which is part of a program originally initiated by the NGO Region Marce. As part of this program, these farmers and livestock raisers now have access to storage centers to stock their crops, and also benefit from training from agronomists and livestock experts in their region.By funding this loan, you are helping Burkinabé farmers to develop their farming practices and generate a sustainable income.
About Micro Start/AFDThis 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.
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About Burkina Faso
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Success!! The loan was 100% repaid