Aissatou, the group’s star borrower, is standing in the picture and raised her hand to stand out. She is 29 years old. She is married and a mother of four, including three boys. She plans to continue her food business, selling meals at weekly markets in the area.
With the loan, she will purchase two bags of rice costing 12,500 XOF, five kilos of onions at 350 XOF per kilo, five liters of oil at 4,500 XOF each, vinegar, black pepper, stock, and hot pepper. She also purchases various other food products depending on her business needs. She sells each meal for 500 XOF.
She uses her profits to take care of her family and increase her savings.
Aissatou la vedette du groupe est en position debout sur la photo et a levé la main pour se distinguer. Elle est âgée de 29 ans. Elle est mariée et mère de 4 enfants dont 3 garçons.
Elle envisage de continuer son activité de restauration, vente de repas dans les marchés hebdomadaires de la zone.
Avec le prêt elle va acheter 2 sacs de riz à 12500f, 5 kg d’oignons à 350f le kg, 5 litres d’huile à 4500f, du vinaigre, du poivre, du bouillon, du piment. Elle achète aussi divers autres produits alimentaires pour les besoins de la restauration. Elle vend le plat à 500f.
Les bénéfices sont utilise pour s’occuper de sa famille et épargner
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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