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Sep 21, 2016 4:50 EST

Burkina Faso: Sountéré1 Group – A loan of $5,050 helps a member to buy the necessary supplies (thread, poplin, buttons, fasteners) for her sewing business.

iCrowdNewswire - Sep 21, 2016

Sountéré1 Group

Burkina Faso
 
 
Borrower image
 

Sountéré1 Group’s story

The Sountéré group just completed its second Kiva loan. All repayments were made on time.

Kadidia, the group’s representative, thanks the Kiva staff and lenders for their support. Thanks to her previous loan, she was able to buy sewing supplies such as threads of various colors, poplin for lining clothes, buttons, fasteners, scissors, and other goods necessary to her sewing activity. She generated a profit which allowed her to buy a few things for her family and, what is more important, she was able to increase her activity.

Kadidia has blossomed thanks to this support. However, she still needs loans to continue her sewing activity and to meet the needs of her customers.

In this group: Kadidia, Fanta, Djénéba, Fatmata, Elisabeth, Ardjata, Tenin, Korotimi, Kadidia
*not pictured 

Show previous loan details

Translator profile picture

Translated from French by Kiva volunteer Sophie NarayanView 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 $5,050 helps a member to buy the necessary supplies (thread, poplin, buttons, fasteners) for her sewing business.

Contact Information:

Sountéré1 Group

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