Standing on the right in the photograph with her hand raised is Seynabou, the 26-year-old leader of the group. She is married and the mother of 3 children, 2 boys and 1 girl. With the loan proceeds, she will buy 10 drums of groundnuts at 25,000 francs, which she will turn into oil and resell. She will be able to make 40 liters of oil, which she can resell at 1,000 francs each.
The profits generated by Seynabou's business will be reinvested in her business and also help to support her children in their schooling, their clothing, and to help her husband support the family.
Ces deux femmes faisant partie du Banc Villageois KANE-KANE habitent le même village. Elles vivent dans la bonne entente et la cohésion et sont solidaires. Leurs principales activités sont l'embouche et le commerce.
Debout à droite de la photo, et levant la main la responsable, Seynabou est âgée de 26 ans. Elle est mariée et mère de 03 enfants dont 02 garçons et une fille.
Avec le prêt reçu, elle achète 10 fûts d'arachide à 25 000 frs l'unité qu'elle va transformer en huile et revendre. A la transformation elle obtient 40 litres d'huile par fût qu'elle revend à 1 000 frs.
Les bénéfices générés par l'activité seront réinvestis dans l'activité et aussi dans la prise en charge des enfants par rapport à leurs scolarité, leur habillement et aide son mari dans dans les charges familiales.
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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