Mrs Fatou, standing on the far right-hand side of the photo, chairs the group. She is 46 years old and cares for 13 children. She produces groundnut oil and has medium experience in this activity. She will use her loan to buy a sizeable amount of groundnuts to get a good production volume. Her goal is to bolster her saving level and rear cattle.
Madame Fatou en position debout sur la photo et à l'extreme droite,est la responsable du groupement.Elle est âgée de 46 ans et s'occupe de 13 enfants.
Son activité consiste à faire une transformation de l'arachide en huile,elle dispose d'une expérience moyenne pour ce type de commerce.
Son prêt lui permettra de s'approvisionner en quantité suffisante d'arachide pour obtenir une meilleure production.
Son objectif est de renforcer son épargne et de faire de l'élevage.
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