Élisabeth has been a merchant for quite some time, and has a good experience in her field. She is shown standing on the far left in the photo, with her hand raised and dressed in burgundy. With her new loan of 245,000 XOF, Élisabeth plans to buy bags of rice and millet, cartons of sugar and candy, and cans of oil, which she will retail at her shop situated at the entrance of her village. The income she earns will allow Élisabeth to support her children and pay for their food, education, and health needs. She will also be able to increase her savings at the Banc Villageois.
Madame Élisabeth est la responsable, elle est mariée, âgée de 45 ans et mère de 8 enfants dont 5 scolarisés.
Elle s'active dans le commerce de produits divers depuis longtemps et dispose d'une bonne expérience dans ce domaine.
Elle est debout à l’extrême gauche de la photo la main levée et habillée en boubou rouge bordeaux.
Avec son nouveau crédit de 245,000 francs cfa elle va acheter des sacs de riz et de mil, des cartons de sucre et de bonbons et des bidons d'huile e qu'elle va revendre au détail au niveau de sa boutique située à l'entrée du village.
Les bénéfices réalisés lui permettront de prendre en charge les besoins alimentaires, scolaires et sanitaires de ses enfants et renforcer ses épargnes au niveau du banc villageois.
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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