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Renaissance Group
In this Group: Leonie, Djeneba, Emelie W.

Update on Renaissance Group

Madam Leonie is the person in charge of the group Renaissance. She is doing well. Married, she is mother to 3 children. The oldest is 18 years old and the youngest is 8 years old. All 3 go to school.

Madam has been selling cereals for 11 years. She gets her supplies in the surrounding villages. Her customers are men and women.

Madam wants to buy herself 5 bags of mil [African cereal], 3 bags of beans and 4 bags of corn.

She wants to reinvest her profits in her business. Madam's ambition is to expand her business and to improve the living conditions of her family.
View original language description ↓
Mme LEONIE est la responsable du groupe RENAISSANCE. Elle se porte bien. Mariée, elle est mère de 03enfants. Le plus âgé a 18ans et le moins âgé a 08ans. Les 03 vont à l’école.
Mme vend des céréales depuis 11ans. Elle s’approvisionne dans les villages environnants. Ses clients sont les hommes et les femmes.
Mme veut s’acheter 05 sacs de mil, 03sacs d’haricot et 04sacs de maïs.
Elle veut réinvestir ses bénéfices dans son activité. Mme ambitionne étendre les limites de son activité et améliorer les conditions de vie de sa famille.

Previous Loan Details

Mrs. LEONIE represents the group RENAISSANCE. She is doing well. She is the married mother of three children aged 8 to 18 who all attend school. LEONIE has been selling cereals for eleven years. She buys her stock in neighboring villages. Her customer base consists of both women and men. ... More from Renaissance 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
  • 8
    View loans »
    Burkina Faso Loans Fundraising
  • $2,388,475
    Funds lent in using Kiva
  • 486.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Renaissance Group's $1,050 loan helped a member to buy herself 5 bags of mil [African cereal], 3 bags of beans and 4 bags of corn.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 28, 2013
Sep 25, 2013
Currency Exchange Loss:
Jan 17, 2014
This photo was used before for a previous loan for Renaissance Group. It was first posted on Kiva on May, 2013. Learn More