The leader is Madame Penda, standing up at the extreme right of the photo with her hand raised, is wearing an orange dress and a white scarf.
She is married, 48 years old and the mother of eight children (one girl and seven boys).
Penda has worked fattening livestock for nearly 10 years and is experience in this work.
Her new loan of 75,000XOF will allow her to buy sheep that she is going to raise and resell at the weekly markets in her area.
The profits realized will allow her to provide for her family's food needs.
La responsable est madame Penda, debout à l’extrême gauche de la photo la main levée, est vêtue d'une robe orange recouverte d'une écharpe blanche.
Elle est marié, âgée de 48 ans et mère de 8 enfants dont 1 fille et 7 garçons.
Penda s'active dans l'embouche depuis bientôt 10 ans et dispose d'une bonne expérience.
Son nouveau crédit de 75,000 francs cfa lui permettra d'acheter des moutons qu'elle va élever et revendre au niveau des marchés hebdomadaire de sa localité.
Les bénéfices réalisés lui permettront de prendre en charges les besoins alimentaires de toute sa famille.
More information about this loan
This loan is going to a borrower or borrower group living in a rural area.
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