And Bok Jom Group
COUNA G., seen standing at the far left in the photo, is the head of the group. She is 25 years old, married, and the mother of four children.
She has been running a small business selling grain (millet) for the past four years. She will use her first loan with CAURIE-MF to strengthen her activity.
Her goal is to help her husband in providing for the family’s needs.
COUNA G. debout à l'extrême gauche sur la photo est responsable du groupe. Elle est âgée de 25 ans. Elle est mariée et mère de 04 enfants.
Elle fait un petit commerce de céréales (mil)Avec son 1er prêt à CAURIE-MF elle va renforcer son activité qu'elle fait depuis environs 4 ans.
Son objectif est de soutenir son mari dans la prise en 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