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Bas Nere De Yaoghin Group
In this Group: Ousmane, Moussa, Bassirou
Mr. Ousmane represents the Bas Nere De Yaoghin group. He is married and the father of a nine month old.

For nine years, he has been collecting and selling recyclable objects. He gets his supplies in his neighborhood. He would like to buy 20 used batteries, iron, etc.

With his profits, he would like to strengthen his business. He would like to open a large store for used objects.
View original language description ↓
Mr OUSMANE représente le groupe BAS NERE DE YAOGHIN. Marié, il est père de 01enfant. Il est âgé de 09mois.
Mr collecte et vend les objets recyclable depuis 09ans. Il s’approvisionne dans son secteur.
Mr veut s’acheter 20batteries usés, 50chaises usés, du fer etc.
Avec ses bénéfices, il veut renforcer son activité. Mr ambitionne ouvrir un grand magasin d’objets usés.

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
  • 14
    View loans »
    Burkina Faso Loans Fundraising
  • $1,462,175
    Funds lent in using Kiva
  • 478.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bas Nere De Yaoghin Group's $1,675 loan helped a member to buy 20 used batteries, 50 used chairs, iron, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2014
Listed
May 25, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014