Marieto, standing on the right in the photo, is the grop’s leader. She is 45 years old. She is married and the mother of 10.
She sells peanuts (ground nuts) and seeds at the weekly market of their village, something she has been doing for years.
This loan will allow her to buy a sufficient quality of produce now to resell it at a good price later during the winter season, when gains in value.
With the income from this business, she would like to grow her savings and improve the life conditions of her children (schooling, health and hygiene, food).
Debout à droite de la photo, Marietou est la responsable du groupe. Elle âgée de 45 ans. Elle est mariée et mère de 10 enfants.
Elle vend des arachides en graines au niveau du marché hebdomadaire de leur localité, activité qu'elle a mené depuis plusieurs années.
Ce prêt lui permettra de s'approvisionner en quantité suffisante en cette période et de revendre à un bon prix pendant l'hivernage où la matière sera prisée.
Avec les recettes générées, elle compte renforcer son épargne, et améliorer les conditions de vie de sa progéniture (dans les domaines: scolarité, sanitaire, alimentaire)
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