Check out some available loans that are similar to this one!
Wendbenedo Group
In this Group: Poko Anne, Judith, Zalissa

Update on Wendbenedo Group

Poko Anne is the leader of the Wendbenedo group. She is going well. Married, she is a mother of three children. The eldest is 13 years old and the youngest is 3 years old. All three children go to school. She has [an additional] four people under her care.

Poko Anne has been selling clothing, shoes, and pagnes [brightly colored fabric] for ten years. She procures her goods from a market in a part of town known as Sector 10. Her customers are people living in the area.

She would like to buy 15 lengths of pagnes, 25 pairs of shoes, and 15 dozen children's outfits.

With these earnings, she wants to reinvest in her business.

She plans to one day buy a piece of land and take better care of her family.
View original language description ↓
Mme POKO ANNE est responsable du groupe WENDBENEDO. Elle se porte bien. Mariée, elle est mère de 03 enfants. Le plus âgé a 13ans et le moins âgé a 03ans.03 va à l’école. Elle a 04 personnes en charge.
Mme vend des habits, chaussures et pagnes depuis 10ans. Elle s’approvisionne au marché de secteur 10 en ville. Ses clients sont les habitants du secteur.
Elle veut s’acheter 15 pièces de pagnes, 25paires de chaussures et 15douzaines d’habits pour enfants.
Avec ses bénéfices, elle veut réinvestir dans son activité. Elle ambitionne s’acheter une parcelle et mieux s’occuper de sa famille.

Previous Loan Details

Poko Anne is the head of the Wendbenedo group. She is a good person, is married, and has two children. The oldest of her children is 13, while the youngest is 3 years of age. One of her children goes to school, and she has two people under her care. Poko Anne has worked for the past eight year... More from Wendbenedo 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.

Tags

About Burkina Faso

  • $1,284
    Average annual income
  • 0
    View loans »
    Burkina Faso Loans Fundraising
  • $1,508,850
    Funds lent in using Kiva
  • 479.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wendbenedo Group's $1,275 loan helped a member to buy 15 lengths of pagnes [brightly colored fabric], 25 pairs of shoes, and 15 dozen children's outfits.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2014
Listed
Feb 21, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014
This photo was used before for a previous loan for Wendbenedo Group. It was first posted on Kiva on Jan, 2013. Learn More