Fatou (standing on the right of the photo and raising her hand) is in charge of the group. She is 48 years old, married and mother to seven children.
She sells in the central market where she has a table with various goods such as seafood, palm oil, groundnut dough and special tinted fabrics (thioub).
With the loan she receives, she is planning on buying more goods and strengthening her business. Her aim is to generate more resources in order to be able to provide more easily for her family's needs. However, she also wants to increase her savings in order to gain financial autonomy.
Madame Fatou ( debout à droite de la photo et levant la main)est responsable du groupe elle est âgée de 48. Elle est mariée et mère de 07 enfants.
Elle est vendeuse au marché centrale où elle tient une table avec diverses marchandises que sont les produits de mer, l'huile de palme, la pâte d'arachide et les tissus thioub.
Avec le prêt reçu, elle compte acheter de la marchandise et renforcer son commerce.
Son objectif est de générer des ressources additionnelles pour une meilleure prise en charge de ses besoins familiaux. Mais également d'accroitre ses épargnes pour tendre à une autonomie financière.
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