Dambo, 51 years old, is standing at the right with her hand raised in the photo. She is a married mother of seven children. Her main work involves fattening animals (cattle, sheep, and goats). She has been in this business for years. With her loan, she intends to purchase a steer that she will raise and then resell a few months from now.
The profits earned will enable her to help out her husband to cover domestic expenses; and also, she plans on purchasing a mill or grinder.
Dambo, âgée de 51 ans, debout à droite de la photo et levant la main, est mariée et mère de 07 enfants. Sa principale activité est l'embouche (bovine, ovine et caprine). Elle pratique cette activité depuis des années.
Avec son crédit, elle compte acheter un bœuf qu'elle va élever pour ensuite le revendre d'ici quelques mois.
Les bénéfices récoltés vont lui permettre d'aider son mari dans les charges domestiques; de même, elle prévoit d'acheter un moulin.
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