Yolande N's Group
She has a retail trading activity selling detergents and also raises chickens. With the loan she is planning to buy a carton of powdered soap for 95,000 francs and a carton of soaps for 100,000 fancs. She is also going to buy chickens to the value of 30,000 francs that she will raise.
The profits she makes will enable her to improve her family's living conditions. She pays the water and electricity bills as well as her children's schooling costs. She also handles medical expenses.
Yolande debout à droite de la photo, est âgée de 43 ans. Elle est mariée et mère de 3 enfants dont 1 garçon.
Elle fait comme activité le commerce de détail de détergents et l'élevage de poulets. Avec le prêt elle envisage d'acheter un carton de savon en poudre à 95 000f, un carton de savons pour une valeur de 100 000f. Elle va acheter aussi des poussins pour une valeur de 30 000f qu'elle va élever.
Les bénéfices générés lui permettent d'améliorer les conditions de vie de la famille. C'est qui règle les factures d'eau, d'électricité et les frais de scolarité de ses enfants. Elle gère aussi les frais médicaux.
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