Nakiengtaore Homme Group
Halidou has been dyeing traditional pagnes (colorful West-African fabrics) for the past 15 years. He buys his supplies at the market of Secteur 10 in town, and sells to wholesalers.
He wants to buy two barrels of dye.
Halidou would like to use the profits from his loan to expand his business. His ambition is to improve his family's living conditions.
Mr est teinturier de pagne traditionnel depuis 15ans. Il s’approvisionne au marché de secteur 10 en ville. Ses clients sont les grossistes.
Il veut s’acheter 02 barriques de teinture.
Mr désire utiliser les bénéfices du prêt pour agrandir son commerce. Il ambitionne amélioré les conditions de vie de 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