Jokker Endam Group
Mrs. D. Ba (who is standing on the extreme right of the photo) is in charge of the group. She is 47 years old, married and mother to seven children.
She has a small business selling vegetables in the market in her neighborhood. She has more than five years' experience in this field. Her new loan will enable her to finance this business. The profits that it generate will allow her to help her husband to provide for their children's schooling and food.
Madame Bintou (assise à gauche de la photo, et en médaillon en bas à droite) est responsable du groupe. Elle est âgée de 52. Elle est mariée et mère de trois enfants.
Elle vend des légumes dans le marché de son quartier. Elle maîtrise bien cette activité. Elle a en son actif plus de 6 ans d’expérience.
Ce nouveau crédit lui permettra d’acheter des légumes pour les revendre dans son marché.
Les bénéfices lui permettront de soutenir son mari dans la prise en charge de la scolarité et santé des enfants.
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