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Sapone Group
In this Group: Haoua, Bintou

Update on Sapone Group

Mrs. Haoua is the person responsible for the Sapone group; Solange is doing well but is no longer part of the group.

She is married and the mother of five children. The oldest is 17 and the youngest is 2 years old. All go to school.

She has been selling shoes for the past six years. She gets her supplies from the market in sector 10. She wants to buy five dozen shoes.

She would like to put her profits into savings and help with her children's education. Her ambition is to open a shoe store.
View original language description ↓
Mme HAOUA est responsable du groupe SAPONE. SOLANGE se porte bien mais ne fait plus partie du groupe. Mariée, elle mère de 05enfants. Le plus âgé a 17ans et le moins âgé a 02ans. Tous vont à l’école.
Mme vend des chaussures depuis 06ans. Elle s’approvisionne dans le marché du secteur10.
Elle veut s’acheter 05 douzaines de chaussures.
Mme veut utiliser ses bénéfices pour épargner et aider à la scolarisation des enfants. Elle ambitionne ouvrir une boutique pour chaussure.

Previous Loan Details

Mrs. Solange is the leader of the Sapone group. She is a married mother of two. The oldest is 9 and the youngest is 1. One attends school, and she has two people for whom she is responsible. Mrs. Solange has been selling children’s clothing for 8 years. She stocks up at the sector 10 market. Her ... More from Sapone 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
  • 10
    View loans »
    Burkina Faso Loans Fundraising
  • $2,495,200
    Funds lent in using Kiva
  • 475.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sapone Group's $650 loan helped a member buy five dozen shoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 4, 2014
May 1, 2014
Currency Exchange Loss:
Dec 17, 2014