With this loan, she envisions processing peanuts and selling the peanut oil and peanut butter. She is going to purchase some peanuts at 225,000 francs. She makes sure that half of the peanuts is processed into oil and the rest into peanut butter. It is a business that is going well, since she can sell a liter of peanut oil at 750 francs and peanut butter at 700 francs per kilo.
The profits enable her to save money and to meet family needs.
Ndéye, à droite de la photo et levant la main, est âgée de 41 ans. Elle est mariée et mère de 5 enfants dont 3 filles.
Avec le prêt elle envisage de faire la transformation et commercialisation de l'huile d'arachide et de pate d'arachide. Elle va acheter de l'arachide à 225000f. Elle assure la transformation de la moitié d'arachide en huile et l'autre en pâte d'arachide. Une activité qui marche bien puisse qu'elle peut vendre le litre d'huile d'arachide à 750f et la pâte à 700f le kg.
Les bénéfices lui permettent d’épargner et de subvenir aux besoins de la famille
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