Eugué, standing on the right in the photo with her hand raised, is 49 years old. She is married and a mother of a son.
Eugué sells vegetables. She buys the vegetables at 30,000 francs and resells them at a local market during the following two weeks, earning her a profit of 10,000 to 15,000 francs. She repeats this process after she sells all her goods.
Earnings allow her to leave her savings in the banc villageois.
Eugué would like to buy a larger stock that is more consistent.
Eugué, debout à droite de la photo et levant la main est âgée de 49 ans. Elle est mariée et mère d'un garçon. Sa principale activité est le commerce de légumes. Elle achète des légumes pour une valeur de 30 000 F et les revend au marché de sa localité durant les deux semaines qui suivent et réalise ainsi un bénéfice de 10 000 à 15 000 F. Elle refait ce processus dès écoulement de son stock de marchandises.
Les bénéfices lui permettent de s'acquitter de son épargne dans le banc villageois. Elle souhaitent s'agrandir et acheter un stock beaucoup plus consistant.
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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