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Wendgoudi Du Grand Marche Group
In this Group: Alexis, Jean Baptiste, Raphael
Alexis is the representative for the Wendgoudi Du Grand Marche Group. He is married and is the father of three children. The oldest is seven, and the youngest is four years old. One child attends school, and Alexis has eight dependents to support.

Alexis has been selling electronics for 15 years. He purchases his supplies from an establishment in the city. With his loan, Alexis wants to buy ten televisions and 50 extension cords. He wants to reinvest his income into his business, and his aim is to build a house to live in.
View original language description ↓
Mr ALEXIS est le responsable du groupe WENDGOUDI DU GRAND MARCHE. Marié, il est père de 03enfants. Le plus âgé a 07ans et le moins âgé a 04ans. Un va à l’école et il a 08personnes en charge.
Mr vend des appareils électroniques depuis 15ans. Il s’approvisionne dans un établissement en ville.
Il veut s’acheter 10télévisions et 50ralonges.
Mr veut réinvestir ses bénéfices dans son activité. Il ambitionne construire un maison d’habitation.

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.

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

  • $1,284
    Average annual income
  • 29
    View loans »
    Burkina Faso Loans Fundraising
  • $1,640,275
    Funds lent in using Kiva
  • 475.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Wendgoudi Du Grand Marche Group's $1,900 loan helped a member to buy ten televisions and 50 extension cords.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 1, 2014
Listed
Apr 13, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014