Mrs. Fatou N., who is standing on the right of the photo with a yellow bag in her hand, is responsible for the group. She is 36 years old, married and mother to four children, who are in her care.
She is a seamstress and at the same time owns a restaurant; she has been carrying out these activities for more than five years. Her loan will allow her to buy fabric which she sews and resells in her neighborhood. It will also allow her to buy provisions for her restauration service. Her objective is to support her husband in the financial management of the family.
Madame FATOU N., debout tout à fait à droite sur la photo, avec une pochette jaune à la main, est responsable du groupe. Elle est âgée de 36 ans. Elle est mariée et mère de 4 enfants en charge.
Elle est couturière en même temps restauratrice, elle mène cette activité depuis plus de 5 ans.
Son crédit lui permettra d'une part d'acheter des tissus qu'elle coud et revend dans son quartier. Et d'autre part, acheter des provisions pour faire des prestations en restauration
Son objectif est de soutenir son mari dans la gestion financière 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