Madame Fatou M, who is to the right of the photo and has her hand raised, is the leader of the group. She is 63 years old. She is married and the mother of two children. She also cares for two other children entrusted to her by their parents.
She sells vegetables. She has a lot of experience in this line of work after having done it for several years.
This loan will allow her to increase her capital and to develop her business of selling vegetables.
The profits will allow her to help her husband with the children’s educational and healthcare expenses.
Madame Fatou M qui est à la droite de la photo levant la main est responsable de groupe. Elle est âgée de 63 ans. Elle est mariée et mère de deux enfants. Elle a aussi en sa charge deux autres enfants confiés par ses parents.
Elle s’active dans la vente de légumes. Elle a une bonne expérience dans ce domaine d’activité, pour l'avoir pratiquée depuis plusieurs années.
Ce prêt lui permettra d'aumenter son capital et de mieux développer son activité de vente de légumes.
Les profits lui permettront d'assister son époux pour le scolarité et la santé des enfants.
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