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Wakakooma Group
In this Group: Aminata, Clarisse, Bambaba Dorothe, Aliguetou, Mengaye Solange

Update on Wakakooma Group

Mrs. Aminata is the leader of the Wakakooma group. She is doing well. She is married with a 6-year-old child who goes to school. She supports two people.

Aminata has been selling firewood and charcoal for 3 years. The firewood is delivered to her home, and she gets the charcoal from local wholesalers. Her clients are men and women from the area.

She wants to buy six sacks of charcoal and two piles of firewood. She will use her profits to bolster her activity. Her goals are to expand her business and to help her husband with the household expenses.
Mme AMINATA est responsable du groupe WAKAKOOMA. Elle se porte bien. Mariée, elle est mère d‘un enfant. Il a 06ans et va à l’école. Mme a 02 personnes en charge.
Mme vend du bois de chauffe et charbon depuis 03ans. Elle s’approvisionne par livraison à domicile pour le bois et chez les grossistes du quartier pour le charbon. Ses clients sont les hommes et femmes du quartier.
Elle veut s’acheter 06 sacs de charbon et 02rangées de bois.
Elle veut renforcer son activité avec ses bénéfices. Mme ambitionne agrandir son commerce et aider son mari pour les charges de la famille.

Previous Loan Details

Mrs. Aminata is in charge of the Wakakooma group. She is married and the mother of a 6 year old who goes to school. She has two dependents. She has been selling firewood and charcoal for 3 years. She gets home delivery of the firewood and buys her charcoal from local wholesalers. Her clients ... More from Wakakooma Group's previous loan »

Additional Information

About Micro Start/AFD

This 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

  • $1,500
    Average annual income
  • 11
    View loans »
    Burkina Faso Loans Fundraising
  • $2,162,675
    Funds lent in using Kiva
  • 489.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wakakooma Group's $1,025 loan helped a member to buy 6 sacks of charcoal and 2 piles of firewood.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 13, 2013
Aug 31, 2013
Currency Exchange Loss:
Jan 17, 2014
This photo was used before for a previous loan for Wakakooma Group. It was first posted on Kiva on Jan, 2013. Learn More