Funded

Total loan: $1,600

Alizeta

Ouagadougou, Burkina Faso / Cereals

A loan helped to buy 45 bags of onions and 14 bags of néré nuts and save to take care of her family.

Alizeta's story

Alizeta is the mother of 3 children, one of whom goes to school. She has been a trader in a district of the square for 01 year where she speculates, she buys stock and resells cereals. She is in her ninth loan cycle with YIKRI and she is repaying well on the scheduled dates and she repaid her second KIVA loan without difficulty, she is again requesting a loan to buy 45 bags of onions and 14 bags néré nuts to store and resell with its customers. She will reinvest a part in her activity and save to take care of her family. She invites everyone to protect themselves from the Covid-19 virus.

Translated from French by Kiva volunteer Laetitiah Magara. View original language description.

Alizeta est mère de 3 enfants dont un va à l’école. Elle est commerçante dans un quartier de la place depuis 01 an où elle fait de la spéculation, elle achète stock et revend les céréales. Elle est à son neuvième cycle de prêt chez YIKRI et elle rembourse bien aux dates prévues et elle a remboursé son deuxième prêt KIVA sans difficultés, elle sollicite à nouveau un crédit pour acheter elle sollicite un crédit pour acheter 45 sacs d’oignons et 14 sacs de noix de néré pour stocker et revendre avec ses clients. Elle réinvestira une partie dans son activité et épargner pour s’occuper de sa famille. Elle invite tout le monde à se protéger du virus Covid-19.

This loan is special because:

It helps borrowers access financial services on flexible terms with no collateral requirements.

More about this loan

This loan is part of an effort to provide financing to vulnerable and marginalized populations in Burkina Faso. This loan helps such communities purchase small equipment and working capital, agricultural inputs and livestock. This loan does not require collateral nor group guarantees in order to protect its most vulnerable clients. By supporting this loan, you are helping promote financial inclusion for Burkina Faso’s vulnerable and marginalized populations.

About YIKRI:

Yikri is a microfinance institution based in Burkina Faso that serves vulnerable communities. Kiva financing will go towards Yikri?s work to bring about economic opportunities to underserved vulnerable populations in Burkina Faso, who would otherwise not have access to formal capital.