- Burkina FasoClothingFunding via Agence Communautaire pour le Financement de la Micro Entreprise (ACFIME)
- Burkina FasoFoodFunding via Agence Communautaire pour le Financement de la Micro Entreprise (ACFIME)
- Burkina FasoRetailFunding via Agence Communautaire pour le Financement de la Micro Entreprise (ACFIME)
Le Chateau Group
Mrs. Abzeta sells food products (cabbage, peppers, and eggplants). She has been doing this type of work for 11 years. She gets her supplies in the nearby village of Kombissiri. Her customers are salespeople, men and women.
Mrs. Abzeta wants to buy one sack of cabbage, 1 sack of eggplants and one flat of peppers.
She saves her profits and invests a part of them in her business. Mrs. Abzeta hopes to buy herself a motorcycle to make it easier to get around.
Mme vend des condiments (choux, piments, aubergines). Elle exerce ce métier depuis 11ans. Elle s’approvisionne a Kombissiri village environnant. Ses clients sont les revendeurs, les femmes et hommes.
Mme veut s’acheter 01 sac de choux, 01 sac d’aubergine et 01 plat de piment.
Elle épargne ses bénéfices et investi une partie dans son commerce. Mme ambitionne s’acheter un motocycle pour faciliter son déplacement.
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