Mme Therese has been running a little bar for five years. She buys her drinks in the local breweries, as far as the beer is concerned, and her condiments in the marketplace. Her clients are people from the town and their friends. She wants to buy 15 cases of beer and seven cases of soft drinks.
With her profit, she wants to put aside a bit in savings and reinvest the rest in her business. She hopes to expand her bar, or maybe open other bars, open a savings account for her child, and help her husband to build a house for them to live in.
Mme est gérante de maquis depuis05ans. Elle s’approvisionne dans les brasseries en ville pour la bière et au marché pour les condiments. Ses clients sont les citoyens de la ville et leurs amis.
Mme veut s’acheter 15caisses de bière et 07caisses de sucrerie.
Avec ses bénéfices, elle veut épargner un peu et réinvestir le reste dans son activité. Mme ambitionne agrandir son maquis, voir ouvrir d’autres maquis, ouvrir un copte d’épargne pour son enfant et aider son mari à construire une maison d’habitation.
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