Madame Marie Noëlle Victoire who is on the right in the photo, raising her hand, is the leader of the group. She is 38, single, and the mother of two children for whom she is responsible.
She has had a small-scale business selling brooms and lemon juice for two years. This loan will allow her to better develop her business which is currently expanding. The profit she will make will allow her to pay school fees and food expenditures for her children.
Madame Marie Noëlle Victoire qui est à la droite de la photo levant la main et le responsable du groupe. Elle est âgée de 38 ans. Elle est célibataire mère de deux enfants en sa charge.
Elle s'active dans le petit commerce de balaie et de jus de citron depuis plus de deux ans.
Ce prêt lui permettra de mieux développer son activité qui est en plein extension.
Les bénéfices qu'elle va gagner lui permettront d'assurer la scolarité et la nourriture de ses enfants.
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