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Sep 29, 2016 8:42 EST

Burkina Faso: Kiswendsida Group – A loan of $1,125 helps a member to buy rice, oil and condiments for her restaurant.

iCrowdNewswire - Sep 29, 2016

Kiswendsida Group

Burkina Faso
 
 
Borrower image
 

Kiswendsida Group’s story

Kiswendsida Group has just completed their first loan with Kiva and the payments were all made on time. Safiata, who represents the group, thanks staff and lenders for their support. With the loan Safiata was able to pay for condiments and bags of rice for dishes she sells in her restaurant. She made a profit which allowed her to buy clothes for her children, to make a few purchases for her family and, above all, to increase her business.

Safiata needs another loan to support her restaurant. She is planning to enlarge her space and to add new dishes to satisfy her clients.

In this group: Safiata, Mamounata
*not pictured

Show previous loan details

Translator profile picture

Translated from French by Kiva volunteer Kathleen BertrandView 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 $1,125 helps a member to buy rice, oil and condiments for her restaurant.

Contact Information:

Kiswendsida Group

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