Awa Peulh's Group
Mrs. Awa (seated at right [in the photo]) is the featured borrower; she is 55 years old, a widow, and the mother of seven children (three boys and four girls). She purchases dyed cotton cloth in neighboring regions for 300,000 CFA francs, and also sells vegetables in the central town market. She gets her supplies for 25,000 CFA francs each week. These goods are resold for 40,000 CFA francs per unit, turning a profit of nearly 75% and making for a sizeable daily revenue.
With her profits, Mrs. Awa plans to see to the daily expenses, her children's school fees and care, and to increase her savings with the banc villageois.
Madame Awa (assise à droite) est responsable vedette, âgée de 55 ans, veuve et mère 07 enfants dont (03 garçons et 04 filles).
Elle achète des "thioub" (tissus teintés) dans les pays voisins à 300 000 FCFA, elle est aussi vendeuse des légumes au marché central de la ville, elle s’approvisionne à hauteur de 25 000 FCFA renouvelable toutes les semaines. Ces produits sont revendus à 40 000 FCFA à l’unité et fait presque un bénéfice de 75% et une recette journalière assez importante.
Avec son bénéfice, elle compte assurer la dépense quotidienne, la scolarité des enfants leurs soins et renforcer son épargne au sein du Bv
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