Koute Djomboulou Group
Mrs. Fatou, at the top right of the photo, is the head of the group. She is married with four children, and two more people are in her husband’s care. She has been making and selling nététou (processed locust seed) for over 10 years.
This loan will allow her to bolster her production and increase her profits, which she will use to buy a mattress and help her husband to support the family.
Mme Fatou qui est en haut à droite de la photo est la responsable du groupe. Elle est mariée et elle a 04 enfants et 02 autres personnes à la charge de son époux.
Elle s'active dans la production et la vente de "nététou" (graine de néré transformée) depuis plus de 10 ans.
Ce crédit lui permettra d'augmenter sa production et de faire plus de profits.
Avec ces profits, Mme Fatou compte s'acheter un matelas et aider aussi son époux pour la prise en charge de la 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