Ms. Diénabou (sitting at the far left with her hand raised) is the featured borrower of the group. She is 53 years old, married, and the mother of five children (two boys and three girls). She is active in the processing of grains: millet and corn for making couscous to be sold. She also processes hibiscus, ginger, and a variety of other produce according to the season.
With her new loan, she intends to purchase 10 sacks of millet at 5,000 francs CFA per sack; 10 of corn at the same price; a sack of hibiscus; 30 kg of ginger; 2 sacks of sugar; 4 basins; and 12 sieves at 300 francs each.
The profits earned from her business will help her to continue building her house, and part of the profits will help her husband to cover the children's schooling costs.
Madame Diénabou (assise à l’extrême gauche avec une main levée), est l’emprunteuse vedette du groupe. Elle est âgée de 53 ans, mariée et mère de cinq enfants dont 02 garçons et trois filles. Elle s’active dans la transformation de céréales : mil, maïs pour en faire du couscous et son destinés à la vente. De même elle fait de la transformation de bissap, gingembre et divers autres fruits suivant les saisons.
Avec son nouveau prêt elle compte acheter 10 sacs de mil à 5 000 Fr CFA le sac, 10 de maïs au même prix, un sac de feuille de bissap, 30 kilos de gingembre, 02 sacs de sucres 04 bassines, 12 tamis à 300 F r CFA pièce.
Les profits tirés de son activité l’aiderons continuer la construction de sa maison d’une part et d’autre part soutenir son mari dans les charges scolaires des 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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