Kamboinsin Benkadi Group
Limata has been selling porridge for four years. She buys her supplies at her local market and sells to children and women in her neighborhood.
She wants to buy two bags of millet and one bag of sugar to prepare some porridge.
Limata wants to save her profits in order to boost her business. Her goal is to expand her activity and to better provide for her children.
Mme vend de la bouillie depuis 04ans. Elle s’approvisionne au marché de son secteur. Ses clients sont les enfants et les femmes du quartier.
Elle veut s’acheter 02 sacs de mil et 01 sac de sucre pour la préparation de la bouillie.
Elle veut épargner ses bénéfices afin de renforcer son activité. Mme ambitionne étendre les limites de son activité 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