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Sep 21, 2016 9:44 AM ET

Archived: Burkina Faso: Soutraba Group – A loan of $1,725 helps a member to purchase large quantities of condiments and firewood for resale.

iCrowdNewswire - Sep 21, 2016

Soutraba Group

Burkina Faso
Bobo Dioulasso, Burkina Faso / Food Production/Sales
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Soutraba Group’s story

Salimata is 31 years old, married and the mother of two children – one of whom is school educated. This fine lady has worked since a very young age and she has been doing this business for 15 years now. She needs a loan in order to buy condiments and firewood that she can resell. At the market where Salimata sells her goods, she is known for her experience – she is also respectful and welcoming to her customers. In addition to that, everything she offers her customers is of good quality – all of this helps her business to work well.

As a result of her sales she will have a profit which will allow her to put some savings aside and to take care of her family, as well as continuing her business. This is her first loan agreement with ACFIME and she is committed to making the repayments on time.

In this group: Salimata, Fatimata, Thérèse, Ramata, Karidia, Bernadette, Pobenan, Djouma, Rokyatou
*not pictured 

Translator profile picture

Translated from French by Kiva volunteer Alistair AsshetonView 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 $1,725 helps a member to purchase large quantities of condiments and firewood for resale.

Contact Information:

Soutraba Group

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