Aby, who is at the far right of the picture and raising her arm, is the group representative. She is married and the mother of four children. She is also active in the farming of bananas.
She plans to use her loan to extend her activities by developing her plantation and diversifying her fruit crops. She plans to invest 150,000 francs in her plantation, 100,000 francs to acquire fruit from other members for resale in the regional capital, and the remaining 50,000 francs will be used for transportation costs and serve as working capital.
With the profits from banana sales our representative intends to help her husband with household expenditures, and ensure her children's education.
Aby qui se trouve à l'extrême droite de la photo et levant le bras, est la représentante, elle est mariée et mère de 04 enfants. elle s'active aussi dans l'exploitation des bananes.
Avec se crédit elle compte élargir ses activités avec le développement de ses champs de plantation et la diversification de ses fruits. Elle compte investir 150000f dans ses plantation 100000f dans le rachat des fruits des autres pour les revendre à dans sa capitale régionale et les 50000f qui reste vont servir de transport et de fonds de roulement.
Avec les Bénéfices issus des ventes de bananes notre promotrice compte appuyer son mari sur les dépenses familiales, la scolarité de ses enfants...
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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