Codou, the representative, standing up at the right of the photo and raising her hand, is 25 years old. She is married and the mother of four children (two girls and two boys). With the loan, she plans to buy a calf for 150,000XOF and five sheep for 27,000XOF each. To fatten them, she foresees buying livestock feed as well.
The profits will be used to meet her personal and family needs, and to strengthen her business in buying more sheep.
Codou la représentante, debout à droite de la photo et levant la main, est âgée de 25 ans. Elle est mariée et mère de 4 enfants (2 filles et 2 garçons)
Elle envisage avec le prêt d'acheter un veau à 150 000f et 5 moutons à raison de 27 000f l'un. Pour leur engraissement, elle prévoit aussi d'acheter de l'aliment de bétail.La vente de sa production se fera à quelques semaines du remboursement.
Les bénéfices lui serviront à satisfaire ses besoins personnels ou familiaux, à renforcer son activité un achetant des moutons.
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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