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Wend Ya Ye Group
In this Group: Veronique, Fatimata, Talato Mamounata, Alima

Update on Wend Ya Ye Group

Veronique is the representative of the Wend Ya Ye group. She is married and the mother of two children, the eldest of whom is 12 years old and the youngest of whom is 2 years old. She has three people in her care.

Veronique has been selling clothes ("pagne" cloth and clothing) for 8 years. She stocks up at the market in Sector 10. Her customers are both men and women.

Veronique would like to purchase two balls of "pagne" cloth. She will reinvest her profits in her business. Her goal is to grow her business and to better take care of her family.
View original language description ↓
Mme VERONIQUE est responsable du groupe WEND YA YE. Mariée, elle est mère de 02enfants. Le plus âgé a 12ans et le moins âgé a 02ans. 01 va à l’école. Elle a 03personnes en charge.
Mme vend des habits (pagnes et vêtements) depuis 08ans. Elle s’approvisionne au marché du secteur 10. Ses clients sont les hommes et femmes.
Elle veut s’acheter deux (02) balles de pagnes.
Mme veut réinvestir ses bénéfices dans son activité. Elle ambitionne agrandir son activité et mieux s’occuper de sa famille.

Previous Loan Details

Veronique is the Wend Ya Ye group representative. She is doing well. She is married and the mother of 2 children. The eldest child is 11 years old and the youngest, 2. One of her children goes to school. Veronique has been selling clothing for 10 years. She gets her supplies at the Sector 10 m... More from Wend Ya Ye 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

  • $1,500
    Average annual income
  • 5
    View loans »
    Burkina Faso Loans Fundraising
  • $1,720,575
    Funds lent in using Kiva
  • 479.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wend Ya Ye Group's $1,050 loan helped a member to purchase two balls of "pagne" (traditional cloth).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2013
Listed
Dec 23, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014