Mrs. Fatou (seated, 5th from the left) is the group's leader. She is 42, married and the mother of 5 children. She has been selling vegetables since 1997. With this loan, she plans to buy vegetables for resale. Profit from this business will allow her to save, and to help her husband in paying for schooling for the children.
Madame Fatou (assise en cinquième position de la gauche vers la droite) est responsable du groupe. Elle est âgée de 42 ans, est mariée et mère de 05 enfants.
Elle vend des légumes activité qu’elle pratique depuis 1997.
Avec ce prêt elle compte acheter des légumes pour la revente.
Les bénéfices de son activité lui permettront d’épargner et de soutenir son mari dans la prise en charge 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