Fatou, who is on the right of the photo with her hand raised, is in charge of the group. She is 54 years old, married and mother to ten children. She also has another child entrusted to her care by her brother.
She has a fish-selling activity and has good experience in this domain having done it for more than six years.
This loan will enable her to increase her income by buying more stock (dried fish). The profits she makes will allow her to help her husband provide for the family.
Madame Fatou qui est à la droite de la photo levant la main et le responsable de groupe. Elle est âgée de 54 ans. Elle est mariée et mère de dix enfants. Elle a aussi en sa charge un enfants confié par son frère.
Elle s’active dans la vente de poissons séchés. Elle a une bonne expérience dans ce domaine d’activité, pour l'avoir pratiquée depuis plus de six ans.
Ce prêt lui permettra d'accroitre ses revenu en achetant plus de marchandises (poissons séchés)
Les bénéfices lui permettront de soutenir son mari dans 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