Mrs. Nialing (on the far left in the photograph) is the group's leader. She's 50 years old, married, and the mother of five children. She's been selling vegetables at the market for two years.
She will use her new loan to bolster her product stock. Her goal is to help her husband provide for the family.
Madame Nialing (debout à l’extrême gauche) est responsable du groupe. Elle est mariée et mère de cinq enfants. Elle est âgée de 50 ans.
Elle vend des légumes au marché. Elle pratique cette activité depuis deux ans.
Son nouveau prêt va lui permettre de renforcer son stock de marchandises.
Son objectif est de soutenir mari dans la prise en charge de la famille.
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