Khady, who is standing on the right in the photo with her hand raised, is 50 years old. She is married and has 2 daughters.
Her main business is small-scale retail. With the loan, she will buy chili, pepper, garlic, onions, etc., that she will re-sell to retail clients from a display set up in front of her home. Additionally, she also fattens sheep. She is going to buy 2 sheep for 20,000 F each and re-sell them after 6 months. The resulting income will help build up her savings.
Khady, debout à droite de la photo et levant la main est âgée de 50 ans. Elle est mariée et mère de 02 enfants des filles. Elle fait comme activité principale le petit commerce. Avec le prêt, elle va acheter du piment, du poivre, de l'ail des oignons etc. qu'elle va revendre au détail sur une étale installée devant chez elle. Elle fait comme activité parallèle de l'embouche ovine. Elle va acheter 02 moutons à 20 000 F chaque qu'elle va revendre au bout de 06 mois.
Avec les bénéfices réalisés, elle va renforcer son épargne.
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.
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Success!! The loan was 100% repaid