Tp Takku Ligueye Group
Ms. Monique (sitting on the right in the photo) is the star borrower - she is a 72-year-old widowed mother of five children: two sons and three daughters.
She sells and buys vegetables, a business she has run since 1997.
With this loan, she intends to buy 25 crates of tomatoes in the western and central-western regions to sell in the central region. The breakdown is as follows:
- 12,000 FCFA paid per crate stuffed with tomatoes
- 1,500 FCFA paid per crate for transportation
- 200 FCFA paid per crate for market facilitation fees
- 18,000 FCFA earned from selling one crate
Thus, after subtracting the additional variable sales-related costs, estimated at 300 FCFA per crate, she finds herself with a net profit of 4,000 FCFA per crate.
The profits from her business will allow her to save money, continue the construction of her house, and take charge of her children's education.
Madame Monique (assise à droite sur la photo) est l’emprunteuse vedette, âgée de 72 ans, elle est Veuve et mère de 05 enfants 02 garçons et 3 filles).
Elle achète et vend des légumes, une activité qu’elle pratique depuis 1997.
Avec ce prêt elle compte acheter 25 caisses de tomate dans les régions de l’ouest et du centre ouest à pour les revendre au central.
- Pour une caisse de Tomate farcie à 12 000F Cfa
- Transport 1 500F Cfa/caisse
- Frais de facilitateur au marché 200F Cfa/caisse
- Prix de vente d’une caisse 18 000F Cfa
Donc après déduction des charges variables liées à la vente estimée à 300F Cfa par caisse elle se retrouve avec un bénéfice net de 4000F Cfa par caisse.
Les bénéfices de son activité lui permettront d’épargner et de continuer la construction de maison et la prise en charge de la scolarité des ses enfants.
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