Mrs. Fatou S. (standing on the far right of the photo and wearing a blue scarf) is in charge of the group. She is 43 years old, married and mother to four children. She is also responsible for her niece.
She is building up a small business, selling shoes, clothes and peanut oil. Her new loan will allow her to strengthen her business by increasing her stock in order to grow her production. Her aim is to contribute to food costs and help her husband out with the various family expenses.
Madame FATOU S. (debout tout à fait à droite de la photo en écharpe bleue) est responsable du groupe. Elle est âgée de 43 ans. Elle est mariée et mère de 04 enfants. Elle a aussi la charge de sa nièce.
Elle développe une activité de petit commerce : elle vend des chaussures, des vêtements et de l'huile d'arachide.
Son nouveau crédit lui permettra de renforcer son activité en augmentant son niveau d'approvisionnement afin de mieux accroitre sa production
Son objectif est de participer à la prise en charge de la nourriture et de soutenir son mari dans les différentes charges familiales
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