Mrs. Fatou D., who is raising her hand in the middle of the group, is the president of the Banc Villageois. She is 50 years old, married and the mother of five children. She sells vegetables. She has more than two years' experience in this business.
With her first loan through CAURIE-MF she is going to expand her business in order to increase her profits and have some savings. Her goal is to help her husband with the family management.
Madame Fatou D. levant la main au milieu du groupe est Présidente du Banc Villageois. Elle est âgée de 50 ans. Elle est mariée et mère de 05 enfants.
Elle fait un petit commerce de légumes. Elle a une expérience de plus de deux dans ce domaine d'activité.
Avec son premier crédit avec CAURIE-MF elle va étendre son activité pour accroitre ses bénéfices et réaliser une épargne.
Son objectif est de soutenir son mari dans la prise en de la gestion familiale
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