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Gs Song Taaba Rabele Group
In this Group: Haoua, Elili, Safiata
The Song Taaba Rebele solidarity group is a good group that has been working with ACFIME since 2009. This group of 3 hardworking women always repays on time. Their businesses are in the commerce and restaurant sectors. Safiata is married and the mother of three (3) children, and is the featured borrower for this group. She has been selling charcoal for the past 6 years and with her business, she is able to help her husband, who also works in commerce. Together, they educate their children. Also, Safiata employs one person who helps her with her sales. With this loan, she wants to purchase charcoal to stock and sell during the rainy season, when it is not easy to find good quality charcoal. She will consequently be able to provide help to a large number of households. With her profits, she will start to prepare for the school year for her children.
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GS Song taaba rabele est un bon groupe qui travaille avec ACFIME depuis 2009. Ce groupe de trois femmes battantes est toujours à jour pour leur remboursement. Leur domaine d'activité c'est le commerce de détails et la restauration. SAFIATA, mariée et mère de trois(03) enfants est l'emprunteur représentatif de ce groupe. Elle vend du charbon depuis 06 ans et avec son commerce, elle arrive a aider son mari qui est commerçant aussi, ensemble ils scolarisent leurs enfants. En plus, Safiata a un employé qui l'aide à vendre. Avec ce prêt, elle veut acheter du charbon et stocker pour vendre en cette saison pluvieuse où ce n'est pas facile de trouver du bon charbon. En effet, elle rendra un service énorme à beaucoup de ménages. Enfin avec le bénéfice, elle va commencer à préparer la rentrée scolaire de ses enfants.

Additional Information

More information about this loan


About ACFIME:

ACFIME is a microfinance institution in Burkina Faso that provides loans to women and farmers in low-income communities. Kiva funding allows ACFIME to offer solidarity loans to groups of women and agricultural loans to farmers who struggle to receive loans from other microfinance institutions in the country. With Kiva funding, ACFIME has the capacity to have a huge impact on the economic and social-well being of the most marginalized people in Burkina Faso.

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
  • 6
    View loans »
    Burkina Faso Loans Fundraising
  • $1,465,650
    Funds lent in using Kiva
  • 480.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Gs Song Taaba Rabele Group's $1,775 loan helped a member to purchase charcoal to stock and sell during the rainy season.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2014
Listed
Jul 3, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015