Amy, who is standing on the right and raising her hand in the photo, is 47 years old. She is a married mother of five children, of whom two are girls.
She will use the loan to buy 5 ewes and 5 lambs; she then fattens them for a period of five months before they can be resold.
Profits enable her to reinvest in her livestock fattening activity, and to satisfy her children's needs.
Amy debout à droite de la photo et levant la main, est âgée de 47 ans . Elle est mariée mère de 5 enfants dont 2 filles.
Avec le prêt, elle va acheter 5 brebis et 5 agneaux; elle les engraisse pour une durée de 5 mois pour pouvoir les revendre.
Les bénéfices lui permettent de réinvestir dans son activité d'embouche, de satisfaire les besoin de ses enfants.
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