The lady standing on the far right in the photo wrapped in a scarf is the head of the group. She is married and a mother of five.
She runs a cafeteria at a bus station where she sells cosmetic products (body lotion, hair pomade, perfumes, etc.). She has been doing this for a year.
Her new loan will allow her to stock up her cafeteria with more beauty products.
Her goal is to increase the merchandise in her cafeteria, to increase her savings, and to help pay for her family’s needs.
La dame, debout à l'extrême droite de la photo, emmitouflée d'une écharpe est responsable du groupe. Elle mariée et mère de 05 enfants.
Elle est détentrice d'une cantine à la gare routière où elle vend des produits cosmétiques (lait de corps, pommade pour cheveux, parfums etc.) Elle pratique cette activité depuis un an.
Son nouveau crédit lui permettra de mieux approvisionner sa cantine en produits cosmétiques.
Son objectif est de renforcer sa cantine en marchandises, augmenter son niveau d'épargne, et de participer à la prise en charge des besoins familiaux
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