Bok Jom Group
Their main business activity is farming and selling oil.
Ms. Fatou, at the far right of the photo, is the head of the group. She is forty years old and takes care of five children.
Her main business is the farming of peanuts. However, she also has a secondary business of producing peanut oil from the peanuts.
The loan will allow her to purchase a sufficient quantity of high-quality seeds to prepare for the rainy season.
Her goal is to purchase new inputs so that she can increase her production capacity.
She also wants to help with the daily, household expenses.
Elles ont comme activité principale l'agriculture et la vente d'huile.
Madame Fatou en position debout à l’extrême droite de la photo est responsable du groupement. Elle a 40 ans à et 05 enfants en charge.
l'agriculture constitue son activité principale plus précisément la culture d'arachide. Cependant elle mène une activité secondaire celle de la transformation de l'arachide en huile.
Son prêt lui permettra d'acheter des semences de bonne qualité et en quantité suffisante pour préparer l'hivernage.
Son objectif est d'acheter un matériel neuf afin d'augmenter sa capacité de production.
Aussi elle désire participer à la gestion quotidienne de la maison
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