Mrs. Fatoumata S., on the extreme right of the photo, is in charge of the solidarity group. She is 46 years old, married and mother to six children, who are all in her care.
She sells food products from home, such as rice, vegetable oil and condiments.
Her loan will allow her to buy a more significant quantity of goods in order to increase her profit margin.
Her goal is to to provide for her children's schooling and to contribute to food costs. She also helps her husband with the various other household expenses.
Madame Fatoumata S. à l’extrême droite de la photo est responsable du groupe de solidarité. Elle est âgée de 46 ans. Elle est mariée et mère de 06 enfants en charge.
Elle vend à domicile des produits alimentaires, tels du riz, de l’huile végétale, et des condiments de cuisine.
Son prêt lui permettra d’acheter sa marchandise en quantité plus importante pour augmenter sa marge bénéficiaire.
Son objectif est d’assurer la scolarité de ses enfants et de participer au payement de la nourriture. Elle soutien également son mari dans les différentes charge de la famille.
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