Ndoumbé, standing on the right in the photo with her hand raised, is 38 years old. She is married and a mother of two children, one of whom is a boy.
Ndoumbé is a merchant. With this loan, she is going to buy 25 pairs of shoes at 2,000 francs a pair, which she will resell for 2,500 francs a pair; two 60-meter rolls of poplin fabric at 5,500 francs a roll, which she will resell at 450 francs a meter.
With these earnings, Ndoumbé is going to take care of her children and build a house.
Ndoumbé, debout à droite de la photo et levant la main est âgée de 38 ans. Elle est mariée et mère de 02 enfants dont 01 garçon. Sa principale activité est le commerce.
Avec le prêt, elle va acheter 25 paires de chaussure à 2000 F la paire pour la revendre à 2500 F, 02 rouleaux de 60m de tissu à 5500 F le rouleau revendu à 450 F le mètre,
Avec les bénéfices réalisés, elle va prendre en charge ses enfants et construire une maison.
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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