Yaram sells clothing or used clothing. With this new loan of 70,000 francs CFA, she is going to buy bales of used clothing that she is going to resell in her local market.
The earnings from this business will allow her to provide for the dietary and health needs of her children and increase her personal savings in the band villageois.
La responsable madame Yaram est une femme mariée âgée de 51 ans et mère de 5 filles dont la plus âgée a 30 ans et la cadette 18 ans.
Elle est debout à l’extrême gauche de la photo habillée d'un boubou fleuris la main levée.
Madame s'active dans le commerce de vêtements ou friperie.
Avec son nouveau crédit de 70,000 francs cfa elle va acheter des balles de friperie qu'elle va revendre au détail au niveau du marché de sa localité.
les bénéfices réalisés lui permettront de prendre en charge les besoins alimentaires et sanitaires de ses enfants et de renforcer ses épargnes personnelles au niveau du banc villageois.
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