Standing at the right in the photo with her hand raised, TAGUE is the group's representative. She is 50 years old, a widow, and the mother of seven children, including three boys.
With the loan in hand, she will purchase peanuts and millet at 200 francs per kilo in order to build up an inventory to resell at 275 francs per kilo four months later.
The profits generated by her business will enable her to take care of her offspring, as well as save money and prepare for their future.
Le groupe a été crée le 21 Décembre 2009 à l'inauguration du banc villageois. Il est composé de 24 femmes très solidaires et dont la plus part d'entre elles pratiquent le petit commerce comme activité.
Debout à droite de la photo et levant la main droite, TAGUE, la représentante du groupe est âgée de 50 ans. Elle est veuve et mère de 07 enfants dont 03 garçons.
Avec le prêt reçu, elle achète de l'arachide et du mil à 200 f le kg pour stocker et revendre au bout de 04 mois à 275 frs le kg.
Les bénéfices générés par l'activité lui permettent d'entretenir sa progéniture avec une partie et d'épargner l'autre pour préparer leur avenir.
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