Idrissa is a farmer who has been practicing market gardening during the dry season for the past 25 years. He buys his supplies at the market of Nagréongo. His customers are from Ouagadougou.
Idrissa wants to buy 2 bags of fertilizers. He plans to reinvest his profits in his activity. His goals are to build a house and buy himself a motorcycle.
Il est cultivateur et fait le maraichage en saison sèche depuis 25ans. Il s’approvisionne au marché de Nagréongo. Ses clients viennent de Ouagadougou.
Mr veut s’acheter 02sacs d’engrais.
Il veut réinvestir ses bénéfices dans son activité. Mr ambitionne construire une maison d’habitation et de s’acheter une moto.
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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Success!! The loan was 100% repaid