The group leader is Faye, age 43, a married mother of three girls. In the photo, she is the one on the right with her hand raised. Her activity is cattle fattening. Her livestock is substantial and she has a good experience in this line of work.
She will use her loan to buy two oxen at 250,000 F each, 50 loads of hay for 100,000F and 40 bags of cattle feed at 8,000F each.
With her profits, she plans to bolster her savings and strengthen her activity.
La responsable de ce groupe,Faye est une femmes mariée de 43 ans avec 03 filles. Elle fait de l'embouche bovine, son cheptel est assez fourni et elle capitalise une bonne expérience.
Sur la photo, elle est à droite avec la main levée.
Avec son prêt, elle voudrait acheter 02 bœufs à 250000 F chacun,50 charges de foin à 100000f et 40 sacs d'aliment bétail à 8000f chacun.
Avec ses bénéfices elle veut renforcer ses épargnes et son activité.
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