Madame Sounkar, who is on the left in the photo raising her hand, is the leader of the group. She is 49, married, and the mother of two children for whom she is responsible.
She buys and sells vegetables and palm oil on a small scale. She has been doing this work for several years. This loan will permit her to bolster her working capital and better develop her business.
The profit will allow her to help her husband with the daily expenditures (food, health-related expenses, and school fees).
Madame Sounkar qui est à gauche de la photo levant la main est responsable du groupe. Elle est âgée de 49 ans. Elle est Mariée et mère de deux enfants en sa charge.
Elle fait un petit commerce de légumes et de l'huile de palme. Elle pratique ces activités depuis plusieurs années.
Ce prêt lui permettra de renforcer son capital et de mieux développer ses activités.
Les bénéfices lui permettront d'aider son mari dans les dépenses quotidiennes(nourriture, santé et scolarité)
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