Total loan: $1,475
Ouagadougou, Centre Region, Burkina Faso / Retail
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A loan helped to purchase 69 solar-powered lamps with Nafa Naana for resale to her customers.
Gilberte is 43 years old and owns a cosmetics shop in the Kossodo neighborhood in Ouagadougou (capital of Burkina Faso). She has formed a partnership with Nafa Naana, a social enterprise that is being created by Entrepreneurs du Monde (Entrepreneurs of the World). The partnership started in July 2012 and involves the resale of products such as gas stoves, solar-powered lamps and warming baskets. In addition to those new items, she is also charged with selling replacement gaz tanks which allows her to help fellow women as well as improve her standard of living. Recently, Gilberte has a financial challenge because so many of her customers are in need of solar-powerd lamps. The loan will help her to purchase 69 solar-powerd lamps for resale to her customers. This will satisfy their demand, improve her sales and improve the standard of living of her family of three children (all in school) and her husband. Notably, this will be Gilberte's third loan with KIVA; the first was successfully repaid and the second is in process of being repaid without issue. She dreams of becoming a great entrepreneur, working in imports and managing the business without loans in the future.