Update on L'aenir GroupAissatou represents the Aenir group and is doing very well. She is married and mother to three children, the eldest of whom is 13 years old and the youngest six. All of the children go to school and she has one dependent.
She has been selling beauty products, plastic objects and also been hairdressing for the past eleven years. She gets her supplies in a local market. Her customers are women, men and her circle of friends.
She would like to buy five dozen hair weaves, 45 buckets, 25 bowls and five cartons of all sorts of creams.
She wants to save her profits and her ambition is to continue to improve her business, help her husband to provide for her children's education and to buy a plot of land.
Mme vend des produits de beauté, des objets plastiques et fait aussi la coiffure depuis 11ans. Elle s’approvisionne dans les marchés locaux. Ses clients sont les femmes, hommes et son entourage.
Elle veut s’acheter 05 douzaines de tissage, 45 seaux, 25 bassine et 05 carton de pommades toutes sortes.
Elle veut épargner ses bénéfices. Mme ambitionne toujours améliorer son activité, aider son mari à assurer la scolarité de ses enfants et s’acheter une parcelle.
Previous Loan DetailsMme Aissatou represents the AENIR group. She is doing well, along with the rest of the group. Married, she is the mother of three children. The oldest is twelve years old and the youngest is five. All attend school and she has one other person in her care. Mme Aissatou has sold beauty products a... More from L'aenir Group's previous loan »
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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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