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Sep 20, 2016 8:08 AM ET

Archived: Burkina Faso: Sountéré 2 Group – A loan of $4,125 helps a member to refurbish her restaurant and buy some condiments.

iCrowdNewswire - Sep 20, 2016

Sountéré 2 Group

Burkina Faso
Bobo Dioulasso, Burkina Faso / Food Production/Sales
Borrower image

Sountéré 2 Group’s story

The Sountéré 2 group has just finished its first loan cycle with Kiva. The repayments were correctly made.

Awa, the group’s representative, thanks all of Kiva’s lenders for their support. With her previous loan, Awa was able to buy condiments and bags of rice for her restaurant, and sell her meals. She earned a profit which enabled her to buy clothes for her children, to buy a few things for her family and, most notably, to grow her business.

Awa still needs loans so that she can continue running her restaurant business. She would like to refurbish the restaurant so that she can satisfy her customers, earn a good turnover and keep flourishing.

In this group: Awa, Djiata, Salimata, Martine, Fanta, Fatoumata, Bintou, Salimata Doda, Diana
*not pictured 

Show previous loan details

Translated from French by Kiva volunteer View original language description 

This loan is special because:

It empowers people in an underserved area to grow their businesses. 

Nadia Costanzo
Kiva staff

More about this loan

About Agence Communautaire pour le Financement de la Micro Entreprise (ACFIME):

ACFIME is a microfinance institution in Burkina Faso that provides loans to women and farmers in low-income communities. Kiva funding allows ACFIME to offer solidarity loans to groups of women and agricultural loans to farmers who struggle to receive loans from other microfinance institutions in the country. With Kiva funding, ACFIME has the capacity to have a huge impact on the economic and social-well being of the most marginalized people in Burkina Faso.

A loan of $4,125 helps a member to refurbish her restaurant and buy some condiments.

Contact Information:

Sountéré 2 Group

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