Nongtaaba Grand Groupe
Mrs. Germaine has been brewing "dolo" (millet beer) for sale for over 25 years. She stocks up in rural areas. She would like to buy four bags of red sorghum in order to prepare millet beer. She would like to use her revenue for her children's nutrition and education. Her goal is to expand her activity. She just had a gas installed in order to improve her business and better provide for her family.
Mme prépare et vend le dolo (bière de mil) depuis plus de 25 ans. Elle s’approvisionne dans les zones rurales.
Elle veut s’acheter (04) quatre sacs de sorgho rouge pour la préparation de la bière de mil.
Mme veut utiliser ses bénéfices pour la consommation et la scolarisation de ses enfants. Elle ambitionne agrandir son activité car elle vient d’avoir du gaz pour renforcer son activité et mieux s’occuper de sa famille
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.
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