Mrs. C. (second women from the left on the back in the picture, raising her hand) is the group's president. She's 35 years old, married, and the mother of 3 children she has to support.
She has a small business selling yogurt. She buys fresh cow milk, turns it into yogurt, and sells it door to door. She's been running this business for five years. Her new loan will enable her to buy 40 buckets of milk on a regular basis.
With the profits drawn her business, she helps to support her family by purchasing food.
Mariama C., (la femme qui lève la main debout en deuxième position à partir de la gauche) est présidente du groupe. Elle est âgée de 35 ans. Elle est mariée et mère de 03 enfants en charge.
Elle fait un petit commerce de lait caillé. Elle achète du lait frais de vache, le fait cailler et le vende en faisant du porte à porte. Elle pratique cette activité depuis plus de 5 ans.
Son nouveau prêt lui permettra d’acheter périodiquement 40 seaux de lait.
Avec les bénéfices qu’elle réalise à partir de son activité elle participe à la prise en charge la famille en achetant des provisions pour la nourriture.
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