- 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)
Rasmata has been selling vegetables for the past forty years. She buys her goods at the AN II district and resells to men and women.
She wants to buy two bags of onions, half a crate of tomatoes, two sachets of spices and one box of Maggi bouillon cubes.
Rasmata wants to save her profits. Her ambition is to ensure the well-being of her children, pay their school fees and improve her own business.
Mme vend des légumes depuis 40ans. Elle s’approvisionne à la cité AN II. Ses clients sont les hommes et femmes.
Mme veut s’acheter 02sacs d’oignons, ½ caisse de tomate, 02 sachets d’épice et 01 carton de Maggi.
Elle veut épargner ses bénéfices. Mme ambitionne assurer le bien être et la scolarité de ses enfants et améliorer son activité.
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