Linkito Samba Group
Mrs. Salimatou (seated to the far left, inset) is the head of the group. She is 66 years old, married, and a mother of three.
She sells peanut butter and palm oil in the weekly markets. She has several years of experience doing this.
With her new loan, she is going to buy peanut butter and palm oil to sell.
The profits from this business will allow her to support her husband in paying for their family’s food, health, and education.
Madame SALIMATOU (assise à extrême gauche et en médaillon) est responsable du groupe. Elle est âgée de 66 ans, mariée et mère de trois enfants.
Elle vend de la pâte d’arachide et de l’huile de palme dans les marchés hebdomadaires. Elle a plusieurs années d’expérience de ce domaine d’activité.
Avec son nouveau prêt elle va acheter des pâtes d’arachide et de l’huile de palme pour la revente.
Les bénéfices de cette activité lui permettront de soutenir son mari dans la prise en charge des membres de la famille en nourriture, santé et scolarité.
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