Ms. Fatou, who appears at the right in the photo with her hand raised, is the group’s official. She is 49 years old, married, and the mother of one child. She is also responsible for two other children entrusted to her by her parents. Fatou is active in selling breakfasts. She has good experience in this business domain because she has worked at it for several years.
This loan will enable her to bolster her capital and to develop her business further. The profits will allow her to help cover the cost of schooling the children.
Madame Fatou qui est à la droite de la photo levant la main est responsable de groupe. Elle est âgée de 49 ans. Elle est mariée et mère d'un enfant. Elle a aussi en sa charge deux autres enfants confié par ses parents.
Elle s’active dans la vente de petit déjeuner. Elle a une bonne expérience dans ce domaine d’activité, car l'ayant pratiquer depuis plusieurs années.
Ce prêt lui permettra de renforcer son capital et de mieux développer ses activités.
Les profits lui permettront de participer à la prise en charge des frais de scolarité des 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