Kondé, their representative, is 61 years old. She is a widow, and mother of eight children (2 boys and 6 girls). She conducts a small retail trade of “sankhal” or millet made into flour. She benefits from ten years of experience in this domain. She is standing and raising her right hand on the right in the group photo.
Kondé sells what she produces in markets in the city and in her local community. She plans on using her loan to buy 2 tons of millet to be made into “sankhal” flour, thus increasing her income. She is the only person in her village engaged in this activity. Her earnings allow her to support her family and help her married daughters in their households.
Madame Kondé la représentante est âgée de 61 ans. C'est une femme veuve et mère de huit enfants (2 garçons et 6 filles). Elle mène une activité de petit commerce de "sankhal" mil transformé en farine. Elle capitalise dans ce domaine une bonne expérience de 10 ans. Elle est debout tout à fait à droite groupe et a levé la main droite.
Elle revend sa production dans les marchés de la ville et de sa localité.
Elle compte acheter avec son prêt 2 tonnes de mil pour la transformation en farine "sankhal" et ainsi augmenter ses revenus. Elle est la seule à pratiquer cette activité dans le village.
Ses bénéfices lui permettent de prendre en charge sa famille et d'aider ses filles mariées dans leurs foyers.
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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