Mrs Mariama, standing at the right on the picture and raising her hand, is responsible for the group. She is 38 years old, married and the mother of four children. She cares also for the child of a parent of hers.
Mariama sells milk. She has been in this business for a very long time. She intends to use her loan to increase her inventory and better meet her customers' demand.
She will use her future profit to participate in school fees for the children in her care.
Madame Mariama qui est à droite de la photo levant la main est responsable du groupe. Elle est âgée 38 ans. elle est mariée et mère de quatre enfants. Elle a aussi en charge un enfant confié par un parent.
Elle s'active dans la vente de lait. Activité qu'elle pratique depuis très longtemps.
Avec ce prêt elle compte augmenter sa marchandises afin de répondre à la demande de sa clientèle.
Avec les bénéfices qu'elle va gagner, elle participera à la prise en charge des frais de scolarité des enfants en charge.
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