Seydina Mouhamed Group
Fatima is the head of the group, she is 38 years of age, married and mother of six; she is gardening and also fattening, in the picture she is standing on the far right, wearing white and blue clothes.
She buys seeds and pesticides in the city and sheep in the weekly markets. She sells crops and sheep at the village market and in the surrounding villages.
She wants to use her loan to buy sheep to increase her herd and achieve a good revenue through the sale after four to five months of fattening.
With the profits she will obtain she will support her husband with the family expenses and increase her savings.
Madame Fatimata la responsable est âgée de 38 ans, elle est mariée mère de six enfants; elle fait du maraîchage et aussi de l'embouche; sur la photo elle est debout à l'extrême droit habillée en robe blanche avec un peu de bleu.
Elle achéte ses semences et produits phytosanitaires dans les villes et les moutons dans les marchés hebdomadaires. Elle revend les récoltes et les moutons au marché du village et dans les villages environnants.
Elle compte avec son prêt acheter des moutons pour augmenter son cheptel et ainsi se faire beaucoup de revenus à la vente après 4 à 5 mois d'embouche.
Avec les bénéfices obtenus elle aide son mari dans les dépenses de la famille, elle souhaite aussi augmenter son épargne.
About CAURIE Micro FinanceThe mission of CAURIE Micro Finance is to contribute sustainably and to offer microfinance services adapted to impoverished micro-entrepreneurs, primarily women, based on the principles of ‘credit for the poor’ and on microfinance best practices, all while investing in order to become financially independent.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid