Ndickou is 46 years old, and is standing in the photo with her hand raised. She is married and has 3 children.
Ndickou will use her loan to buy 2 steers at 140,000 Francs CFA each. In order to fatten the animals, she will spend 4000 Francs CFA on hay each month for a period of 5 months. She also plans on buying 2 kg of ground coffee each week to sell. This second business will allow her to save up some money.
The income from these businesses will allow her to increase her savings, help her husband support their family, and to pay for her son’s private schooling.
Ndickou âgée de 46 ans est en position debout sur la photo et a levée la main. Elle est marié et mère de 3 enfants.
Avec le prêt, elle va acheter 2 bœufs à 140 000f l'un. Pour l’engraissement des bêtes, elle achète du foins à 4000f chaque mois pour une durée de 5 mois. En activité parallèle elle compte faire la vente de café. Chaque semaine elle achète 2 kg de café moulu, cette activité va lui permettre d'épargner.
Les bénéfices de ces activités lui permettent de renforcer son épargne, d'appuyer son mari dans la gestion de la famille, de payer en l’occurrence la scolarité de son fils qui est dans le privé.
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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Success!! The loan was 100% repaid