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Yiri Nafa Kabo Group
In this Group: Sina, Zana, Adama, Ousmane, Jean, Issoufou, Yacouba, Lati, Sibiri, Tiegoué, Ardiouma, Yiridiougou, Blahima
“Yiri nafa kabo” is a cashew-producing group of Sindou, in western Burkina Faso. These producers have been working with ACFIME since 2012 and take out nine-month single-payment loans, given that the work is seasonal. The producers have always been on time with their repayment.

Yacouba is the group’s official. Thanks to this loan, he will be able to maintain his cashew tree orchard. He will also call upon the village associations to help with the weeding, [heating or firing], trimming, and display of the trees. At the end of the season and after the selling, the profit will enable him to take care of his family and to continue his business.
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Yiri nafa kabo est un groupement de producteur d'anacarde de Sindou à l'ouest du burkina Faso. ces producteurs travaillent avec ACFIME depuis 2012 et prennent des prêt de 09 mois à échéance unique vu que l'activité est saisonnière. Ils ont toujours été à jours de leur remboursement. Yacouba est le responsable du groupe. Grâce à ce crédit, il pourra entretenir son verger d'anacarde, il ferra aussi appel aux associations villageoises pour l'aider dans le sarclage, le chauffage, la taille de formation et de l’étalage des arbres.A la fin de la saison et après la vente, le bénéfice lui permettra de s'occuper de sa famille et de continuer ses activités.

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
  • 9
    View loans »
    Burkina Faso Loans Fundraising
  • $1,469,775
    Funds lent in using Kiva
  • 490.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Yiri Nafa Kabo Group's $2,775 loan helped a member to maintain his cashew tree orchard.
0% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 4, 2014
Listed
Aug 26, 2014
Currency Exchange Loss:
Possible