With her loan of 50,000 francs CFA, she is going to purchase colored thread and some buttons and trim that she will sell retail in the district.
The profits earned by her business enable her to meet her children's food, schooling, and healthcare needs.
Le responsable madame Fatou est debout à l’extrême droite de la photo habillée d'un grand boubou bleu ciel recouvert d'un écharpe jaune.
Elle s'active dans le commerce de produits de merceries depuis longtemps et dispose d'une bonne expérience.
Avec son crédit de 50000 francs cfa elle va acheter des files en couleurs et des boutons et garnitures qu'elle va revendre au détail au niveau du quartier.
Les bénéfices réalisés par son activité lui permettent de prendre en charge les besoins alimentaires, scolaires et sanitaires de 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