Yaye Rama B. is in charge of the solidarity group. She appears at the extreme left of the picture, wearing a blue veil and shown in the inset. She is 50-years old, married and the mother of six children. She runs a small business selling soap, incense, and pagnes (colorful African cloth). Her new loan will allow her to develop and promote her commercial activities. Her goal is to increase her savings and contribute financially towards providing for the family’s needs such as food and healthcare.
Note: Binta B. was marked as absent as she cannot be seen clearly on the picture.
Yaye Rama B., à l'extrême gauche de la photo, voilée en bleu et mise en médaillon est la responsable du groupe de solidarité. Elle est âgée de 50 ans, elle est mariée et mère de 6 enfants. Elle fait du petit commerce de savon, de l'encens, et de pagnes. Avec son nouveau prêt elle pourra développer et faire la promotion de son activité commerciale. Son objectif est de renforcer son épargne et de participer financièrement à la prise en charge de la famille, par exemple la nourriture et la santé.
nb. Binta Bâ n'étant pas bien visible sur la photo a été cochée comme absente.
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