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Ouindinmanegde Group
In this Group: Binta, Ami, Zenabo

Update on Ouindinmanegde Group

Madam Binta is the representative of the group Ouindinmanegde. She is doing well. Married, she is mother to 3 children. The oldest is 12 years old and the youngest is 3 years old. Two go to school.

Madam has been selling plastic dishes for 5 years. She gets her supplies at the market in Sankaryaaré. Her customers are women and men. She wants to buy herself 10 plastic buckets and 20 plastic dishes.

Madam wants to save her profits in order to obtain a plot of land. Her ambition is to expand the limits of her business and improve her family's living conditions.
View original language description ↓
Mme BINTA est la représentante du groupe OUINDINMANEGDE. Elle se porte bien. Mariée, elle est mère de 03 enfants. Le plus âgé a 12ans et le moins âgé a 03ans. 02 vont à l’école.
Mme vend des plats plastiques depuis 05ans. Elle s’approvisionne au marché de Sankaryaaré. Ses clients sont les femmes, les hommes.
Elle veut s’acheter 10seaux en plastiques, 20 de plats en plastique.
Mme veut épargner ses bénéfices afin d’acquérir une parcelle. Elle ambitionne étendre les limites de son activité et améliorer les conditions de vie de sa famille.

Previous Loan Details

Binta is the representative of the Ouindinmanegde group. She is doing well. She is married and the mother of 3 children, the eldest of whom is 11 years old and the youngest, 3. 2 of her children go to school. Binta has been selling plastic plates for 5 years. She gets her supplies at the Sankarya... More from Ouindinmanegde 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
  • 9
    View loans »
    Burkina Faso Loans Fundraising
  • $2,155,725
    Funds lent in using Kiva
  • 479.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ouindinmanegde Group's $750 loan helped a member to buy herself 10 plastic buckets and 20 plastic dishes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 27, 2013
Dec 23, 2013
Currency Exchange Loss:
Apr 17, 2014