Update on Benit GroupBouanpoundi is the representative of the BENIT group. She is doing well. She is married and the mother of four children who all go to school. Her oldest child is 22 years old and her youngest is 13.
Bouanpoundi has been selling "pagnes" (colorful West-African fabrics) as well as damask fabrics for the past four years. She stocks up in Mali and in Lomé.
She wants to buy 15 pagnes, 15 pieces of damask fabric and a dozen pair of shoes. She is planning to use her profits to expand her business. Her goal is to open her own shop.
Mme vend des pagnes, bijoux, chaussures et bazins depuis 04ans. Elle s’approvisionne au Mali et à Lomé.
Elle veut s’acheter 15 pagnes, 15 bazins et 1/12 de chaussures.
Mme veut utiliser ses bénéfices pour agrandir son commerce. Elle ambitionne ouvrir sa propre boutique.
Previous Loan DetailsMs. BOUANPOUNDI is the official of the group BENIT. She is a married mother of four children. The oldest is 22, and the youngest is 13. Four go to school. Ms. BOUANPOUNDI has been selling water, 'pagnes' (the colorful cloth of western Africa), bed sheets, and damask fabrics for four years. Sh... More from Benit Group's previous loan »
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.
Concurrent and Successive Loans
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