Adama, the group’s star borrower, is standing in the picture and raised her hand to stand out. She is 27 years old. She is married and a mother of five, including two boys. She plans to retail ground nut oil and millet. For millet specifically, she will purchase five bags costing 7,500 XOF each, and will have it stored until the rainy season draws near, at which point she will resell it at 225 XOF per kilo.
She uses her profits to take care of her family and herself.
Adama la vedette du groupe est en position debout sur la photo et a levé la main pour se distinguer. Elle est âgée de 27 ans. Elle est mariée et mère de 5 enfants dont 2 garçons.
Elle envisage de faire du commerce d’huile d’arachide et du mil. Elle va acheter 3 sacs d’arachide à 27500f le sac, elle le transforme en huile et peut avoir 35 litre d’huile pour vendre le litre à 1000f. Concernant le mil elle achète 5 sacs à 7500f le sac, elle le fait stocker jusqu'à l’approche de l’hivernage pour le vendre à 225 le kg.
Les bénéfices sont utilisés pour les besoins familiaux et personnels.
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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