Codou sells a variety of vegetables retail such as cabbages, turnips, onions and tomatoes. She will use her new loan for 75,000 francs to buy baskets or sacks of vegetables which she will then re-sell retail in her neighborhood. She uses the profits she makes from her business to cover her children's food, educational and health expenses.
Son responsable s'appelle Codou elle est assise la main levée à gauche de la photo habillée d'un grand boubou multicolore.
Madame Codou fait du petit commerce par la vente de légumes divers composés de choux navets oignons tomate destinés a la revente.
Avec son nouveau crédit de 75000 francs cfa elle va acheter des paniers ou sacs de légumes qu'elle va revendre au détail au niveau de son quartier.
Les bénéfices réalisés par son activité lui permettent de prendre en charge les frais scolaires alimentaire et sanitaires 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