Daba, age 33, is the one raising her hand in the photograph. She's married and the mother of five children, including one boy. Her business consists in raising sheep. She buys sheep that she fattens in order to resell them after five months.
With her loan, she intends to buy 14 sheep for XOF 25'000 (ca US$ 50) a piece. She will also buy food to feed them. She will use her profits to put money away and help her husband take care of the family.
Daba debout à droite de la photo et levant la main, est âgée de 33 ans.Elle est mariée et mère de 5 enfants dont un garçon. Elle fais de l'embouche ovine comme activité, elle achète des moutons que qu'elle engraisse pour les revendre au bout de 5 mois. Avec le prêt reçu elle compte acheter 14 moutons à raison de 25000f l'unité. Elle va aussi acheter de l'aliment de bétail pour leur nourriture.
Les bénéfices générés lui serviront à épargner et à aider son mari à prendre en charge la famille.
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