Mrs. Rocky, on the right with her hand raised, is the leader of the group. She is 40 years old. She is married and has six children. She also takes care of another child entrusted to her by her parents.
She has a small business of selling onions and spices. She has a lot of experience, as she has been in business for three years.
This loan will allow her to increase her capital and further grow her business.
The profits will allow her to improve her family's standard of living (health, food and clothing) and to increase her savings.
Madame Rocky qui est à la droite de la photo levant la main et le responsable de groupe. Elle est âgée de 40 ans. Elle est mariée et mère de six enfants. Elle a aussi en sa charge un autre enfant confié par un parent.
Elle s’active dans la vente d'oignons et d'épices. Elle a une bonne expérience dans ce domaine d’activité, qu'elle pratique depuis trois ans.
Ce prêt lui permettra d'augmenter son capital et de mieux développer son activité.
Les profits lui permettront d’améliorer les conditions de vie de la famille (santé, nourriture, habillement etc.…) et d’augmenter ses épargnes.
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