The president of the group is standing on the far right-hand side of the photo and raises her hand. She is 57 years old, married and the mother of six children. She sells fruit, such as mangoes, bananas and oranges. After some ten years in this activity she has a lot of experience. She will use her loan to buy mangoes, bananas and oranges for resale. She intends to spend the profit from her activity on household expenditures.
Debout à l'extrême droite de la photo et levant la main, la responsable est âgée de 57 ans. Elle est mariée et mère de 06 enfants.
Elle vend des fruits comme les mangues, les bananes, et les oranges. elle a une bonne expérience dans ce domaine d'activité pour l'avoir exercer pendant une dizaine d'années.
Avec ce prêt, elle pourra acheter des mangues, bananes, oranges pour la revente.
Avec les bénéfices qu'elle tirera de son activité, elle compte aider dans la prise en charge de sa famille.
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