- 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)
Yeti Allah Group
Aminata has been selling various goods such as groundnut paste, mangoes and tobacco for thirty years. She stocks up at the Paglayiiri market and locally, and sells to both men and women.
She wants to buy half a bag of groundnuts to prepare groundnut paste.
Aminata wants to use her profits to take care of her own needs. Her goal is to be able to store groundnuts and to continue to make groundnut paste in order to better provide for her daughter.
Mme vend divers marchandises (de la patte d’arachide, des mangues, du tabac etc.) depuis 30ans. Elle s’approvisionne au marché de paglayiiri et à domicile. Ses clients sont les femmes et les hommes.
Elle veut s’acheter un ½ sac d’arachide pour la préparation de la patte d’arachide.
Mme veut s’occuper de ses besoins avec ses bénéfices. Elle ambitionne pouvoir stocker les arachides et faire toujours sa patte d’arachide afin de mieux s’occuper de sa fille.
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