Ms. CoumB. S. (standing at the far right in the photo) is the group’s official. She is 48 years old, married, and the mother of eight children. She sells fruit at the weekly market of Diaobé. And she sells breakfasts on the side. She has a good command of this business because of her experience in it for over five years.
With her new loan, she plans on stocking up on mangoes, in part. For the remainder, she will buy various accessories for making breakfasts. She envisions supporting her husband better in covering family expenses.
La femme debout à l’extrême droit est responsable du groupe. Elle est âgée de 48 ans. Elle est mariée et mère de huit enfants.
Elle vend des fruits au marché hebdomadaire de sa localité. Et comme activité secondaire elle vend le petit déjeuner Elle maîtrise bien cette activité pour l’avoir pratiqué pendant plus de cinq ans.
Avec son nouveau prêt elle compte s’approvisionner en mangues en partie. Pour le reste acheter divers accessoires pour le petit déjeuner.
Elle envisage de mieux soutenir son mari dans la prise en charge des dépenses 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