Madame Compaoré sells cakes, fruits and vegetables, and sesame. She has had this business for the past 12 years. She buys her supplies at the Semba Grand Market. Her clients are her neighbors.
She wants to use her loan to buy wheat flour in order to produce more cakes.
Madame Compaoré wants to use the profits from her business to feed her family and contribute to the school fees for her children who go to school. Her ambition is to sell cakes further from her neighborhood and in other parts of the country. She would like to install running water for her family.
Mme Compaoré vend des gâteaux, des fruits et légumes et du sésame. Elle pratique l’activité depuis 12 ans. Elle s’approvisionne au marché de sanba.ses clients sont les gens du quartier (voisins).
Elle veut utiliser son argent pour acheter de la farine de blé en vu d’augmenter sa vente de gâteaux.
Mme Compaoré veut utiliser les bénéfices de son activité pour nourrir ses enfants et participer aux frais scolaire de ses enfants qui vont a l’école. Elle a comme ambition de vendre ses gâteaux plus loin que le quartier dans les autres zones de son pays. Elle veut mettre l’eau et le courant dans sa famille
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.
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.
About Burkina Faso
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Success!! The loan was 100% repaid