- 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)
Mariam has been selling condiments and flour for 25 years. She buys her goods at the local market and resells to her neighbors (men, women and children).
She wants to buy two bags of maize and ten bowls of dry gumbo (okra).
With her profits, she intends to strengthen her activity. Her ambition is to help her husband with the household expenses and to take better care of her children.
Mme vend des condiments et de la farine depuis 25ans. Elle s’approvisionne au marché de son secteur. Ses clients sont les voisins (hommes, femmes et les enfants).
Elle veut s’acheter 02 sacs de maïs et 10 plats de gombo sec.
Elle veut avec ses bénéfices renforcer son activité. Mme ambitionne aider son mari dans les charges familiales et mieux s’occuper de ses enfants.
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