Mrs Adama N° 2 S., pictured sixth from the left, wearing a green scarf and portrayed in the small inlay, chairs the group. She is 59 years old, widowed and the mother of four children. She runs a small business selling various products, such as fruit, baobab fruit (monkey bread), sugar, coffee, milk, etc. Her new loan will enable her to efficiently develop her small business thanks to the increased inventory. Her goal is to pay for her personal needs, support her children and provide them with food.
Madame ADAMA N°1 S. debout en sixième position à partir de la gauche sur la photo, en écharpe verte et mise en médaillon est responsable du groupe. Elle est âgée de 59 ans. Elle est veuve et mère de 04 enfants.
Elle fait un petit commerce de produits divers tels: des fruits, du pain de singe, du sucre, du café, du lait etc.
Son nouveau crédit lui permettra de mieux développer son activité de petit commerce en augmentant son niveau d'approvisionnement.
Son objectif est de prendre en charge ses besoins personnels et de soutenir ses enfants dans la prise en charge de la nourriture
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