Ms. Fary F. is the group's leader (found at the far right in the photo). She is 53 years old, married, and the mother of six children. She also has six other children to support. Fary buys vegetables and condiments (black pepper, garlic, chili peppers, etc.) to resell at the market. Her loan will be used to bolster her stock of merchandise in order to generate more profit.
Fary's wish is to have substantial sales to be able to go to the biggest weekly markets and find more vegetables (onions, cabbage, carrots, etc.)
Madame Fary F., à l’extrême droite de la photo est responsable du groupe. Elle est âgée de 53 ans. Elle est mariée et mère de 6 enfants. Elle a aussi la charge de 6 autres enfants.
Elle achète des légumes, des condiments pour cuisine (poivre, ail, piment etc) pour revendre au marché.
Son crédit lui servira à renforcer son niveau d’approvisionnement en marchandises afin de générer plus de bénéfices.
Son vœu est d’avoir un chiffre d’affaire consistant pour pouvoir aller dans les plus grands marchés hebdomadaires pour trouver davantage des légumes (oignons, choux, carottes etc.
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