Fatou is standing on the right of the picture and raising her hand. She is 55 years old, widowed and the mother of 4 girls. She is also raising a nephew. She knits and sews. With the loans she receives, she plans to buy 3 types of damask fabric, other fabric and cotton thread. She will buy 5 kilos of fabric at 3 000 francs per kilo and make 15 sheets. She will also buy packets of thread with which to embroider sheets and pagnes (highly decorative and colourful West African clothing) and buy some yarn for knitting. Her profits enable her to support her family - being a widow, she is the one who takes care of her children.
Debout à droite de la photo et levant la main, Fatou est âgée de 55 ans. Elle est veuve, elle est mère de 4 filles et a en charge 1 neveu. Elle fait comme activité de la tricoterie et la couture.
Avec le prêt reçu elle compte acheter du tissu bassin trois façons, du tissu en coton. Elle va acheter 5 kg à 3000f le kg pour confectionner 15 draps. Elle va aussi acheter des paquets de fil pour la broderie des draps, des pagnes et pour la tricoterie.
Les bénéfices lui permettent de soutenir sa famille, étant veuve c’est elle qui s’occupe de ses enfants.
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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