Adji, standing on the right of the picture and raising her hand, is 30 years old. She is married and the mother of 3 children, one of whom is a girl. She will use this loan to start her sheep-fattening business and will buy 2 sheep for 25 000 francs apiece. She will also buy feed for her livestock and will spend money on vaccines to ensure their health. After a few months of fattening, she will be able to resell each sheep for 45 000 francs, maybe 50 000 francs. Part of the profits will be used to build her savings at the "banc villageois" and part will be reinvested in her livestock-fattening business.
Adji debout à droite de la photo et levant la main, est âgée de 30 ans. Elle est mariée et mère de 3 enfants dont une fille.
Avec le prêt elle entreprend de faire de l'embouche ovine en achetant 2 moutons à 25000f l'un. Pour nourrir le bétail elle achète de l'aliment de bétail et des vaccin pour la santé des sujets. Au bout de quelques mois d'embouche elle pourra vendre un mouton à 45000f voire 50000f.
Les bénéfices lui servent à renforcer son épargne au niveau du banc villageois et à réinvestir dans son activité d'embouche.
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