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N. Philippe

Update on N. Philippe

Mr. Nongwende Philippe is a second-cycle Master’s student at ESTPO. He is single and has no children. He has been at ESTPO for five years. Mr. Nongwende Philippe wants to finance his higher education at ESTPO. He strives to get his degree in civil design engineering to launch his profession.
View original language description ↓
Mr NONGWENDE PHILIPPE est un étudiant en classe de Master II à l’ESTPO. Il est célibataire sans enfant.
Il est à l’ESTPO depuis 05ans.
Mr veut financer ses études supérieures à l’ESTPO.
Il ambitionne obtenir son diplôme d’ingénieur de conception en génie civil pour se lancer dans la vie professionnelle.

Previous Loan Details

Nongwende Philippe is single and has no children. He has been a student of the professional Master I at Ecole Supérieure des Travaux Public de Ouagadougou (Ouagadougou Graduate School for Public Works) for 3 years. Because this is a reputed school in the country for training in civil engineer... More from N. Philippe's previous loan »

Additional Information

More information about this loan

This loan is part of Micro Start's higher education program, offering students tuition loans for two-year associates degrees and three-to-five-year bachelor's and graduate-level degrees. Micro Start is partnering with education institutions like the Ecole Superieure de Travaux Publics de Ouagadougou (ESTPO) to identify and provide financing to high-achieving, responsible students who lack the resources to pay for tuition up front. This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit. These loans have terms ranging from five to ten years and include an upfront fee of 2.5% and an annual interest rate of 5%. They are disbursed at the start of the school year and are repaid monthly with a grace period of two to three years. By supporting this loan, you are helping students with limited options to stay in school, and encouraging Micro Start to roll the program out to more institutions and support even more students.

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.

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About Burkina Faso

  • $1,284
    Average annual income
  • 6
    View loans »
    Burkina Faso Loans Fundraising
  • $1,465,650
    Funds lent in using Kiva
  • 480.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $3,750 helped N. Philippe to finance his higher education at ESTPO.
0% repaid
Repayment Term
62 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 17, 2013
Listed
Dec 22, 2013
Currency Exchange Loss:
Possible
This photo was used before for a previous loan for N. Philippe. It was first posted on Kiva on Nov, 2012. Learn More