Mrs. Fatou Bintou, the group's leader, is on the right in the photo, with her hand raised. She is 32, married, and the mother of two children. She is also responsible for one of her nephews. Her business is selling soap. She has been doing this for several years and has plenty of experience. This loan will allow her to increase her capital and strengthen her level of activity. With the profits, she will be able to improve her family's living conditions (health, food, clothing, etc.) and to increase her savings.
Madame Fatou Bintou qui est à la droite de la photo levant la main et le responsable de groupe. Elle est âgée de 32 ans. Elle est mariée et mère de deux enfants. Elle a aussi en sa charge un de ses neveux.
Elle s’active dans la vente de savon. Elle a une bonne expérience dans ce domaine d’activité, qu'elle pratique depuis plusieurs années.
Ce prêt lui permettra de renforcer son capital et de mieux développer ses activités.
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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