Mrs. Seynabou, with hand raised at the right of the photo, is the group leader. She is 53 years old, married, and the mother of eight children.
She sells brooms, nététou (a local spicy seasoning), and sugar. She has significant experience in this business, which she has been in for more than 20 years.
This loan will allow her to strengthen her capital and better develop her business. The profits will help her improve her family's living conditions (health, food, clothing, etc.) and increase her savings.
Madame Seynabou qui est à la droite de la photo levant la main est responsable de groupe. Elle est âgée de 53 ans. Elle est mariée et mère de huit enfants.
Elle s’active dans la vente de balais, netetou, sucre. Elle a une bonne expérience dans ce domaine d’activité, qu'elle a pratiqué depuis plus de 20 ans.
Ce prêt lui permettra de renforcer son capital et de mieux développer ses activités.
Les profits lui permettront d’améliorer les conditions de vie de la famille (santé, nourriture, habillement etc.…) et d’augmenter ses épargnes.
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