Eugué, standing on the right in the photo with her hand raised, is 40 years old. She is married and a mother of eight children, five of whom are boys.
Eugué sells vegetables. She buys 20,000 francs worth of vegetables that must be resold during the week. This business generates a profit of 7,000-10,000 francs each week. She repeats this process every week after she sells all her stock.
With the earnings she makes, she would like to open a shop.
Eugué, debout à droite de la photo et levant la main est âgée de 40 ans. Elle est mariée et mère de 08 enfants dont 05 garçons. Sa principale activité est le commerce de légumes. Elle achète pour 20 000 F de légumes qu'elle doit écouler durant toute la semaine. Elle réalise ainsi un bénéfice de 7000 à 10 000 F par semaine. Elle refait le même processus toutes les semaines après écoulement de son stock.
Avec les bénéfices réalisés, elle souhaite ouvrir une échoppe.
More information about this loan
This loan is going to a borrower or borrower group living in a rural area.
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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