With her new loan of 300,000 CFA francs, she will buy some sheep and raise them for future resale.
Thanks to the profits from her business, she will be able to cover her children's nutritional needs and will also help her husband with the purchase of school supplies.
Âgée de 57 ans, elle est mère de 10 enfants dont 5 garçons. Elle s'active dans l'embauche bovine depuis un peu longtemps et dispose d'une bonne expérience dans ce domaine.
Son nouveau crédit de 300000 francs cfa lui permettra des moutons qu'elle va élever et revendre plus tard.
Les bénéfices réalisés par son activité lui permettent de prendre en charge les besoins alimentaires de ses enfants et d'aider son mari dans l'achat de fournitures scolaires.
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