Madame Mousba who is on the left of the photo wrapped in a scarf is the leader of the group. She is 65 and married with no biological children but responsible for five children who have been confided to her by those around her.
She sells sugar and tea. She has a good deal of experience in this field since she has been working at it for more than five years.
This loan will permit her to develop her business and satisfy her clientele. The profit from her business will allow her to help her husband take charge of food expenses for the family.
Madame Mousba qui est à gauche de la photo emmitouflée d'une écharpe est le responsable de groupe. Elle est âgée de 65 ans. Elle est mariée sans enfants mais à la charge de cinq enfants qui lui sont confiés par des proches.
Elle fait un petit commerce de sucre et de thé. Elle a une bonne expérience dans ce domaine pour l'avoir pratiquer depuis plus de cinq ans.
Ce prêt lui permettra de mieux développer ses activités et de satisfaire sa clientèle.
Les profits générés par son activité lui permettront d'aider son mari dans la prise en charge des frais de nourriture 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